Tether mints are not big news in the crypto world, happens all the time. Usually large ones signal fresh money flowing into the market, which means we go up for a bit.
Incidentally, being Canadian I have recently had my exchange options severely curtailed, leaving me mostly trading on Kraken now. They, along with most other Canadian crypto dealers I believe, are getting rid of USDT (Tether) in favor of simply USD pairings.
At first I thought this was annoying, but on second thought, it does reduce some counterparty risk.
Tether mints are not big news in the crypto world, happens all the time. Usually large ones signal fresh money flowing into the market, which means we go up for a bit.
Incidentally, being Canadian I have recently had my exchange options severely curtailed, leaving me mostly trading on Kraken now. They, along with most other Canadian crypto dealers I believe, are getting rid of USDT (Tether) in favor of simply USD pairings.
At first I thought this was annoying, but on second thought, it does reduce some counterparty risk.