Why #tether
on @CoinbasePro is so important? (Thread)
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Arbitrage: traders arb across multiple exchanges. Speed of transfer and low friction are key.
CB has now BTC/USDt but also
BTC/USD (finex) > USDt/USD (finex) > USDt/USD (coinbase) > BTCUSD (coinbase) is now possible too!https://twitter.com/CoinDesk/status/1389489790001848323 …
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@Tether_to and@bitfinex are setting up a massive strategy (including spin-offs and investments) that will open mind blowing opportunities for the next decade, and this might well be an understatement.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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USDT is the biggest scam as it isn't backed by anything at all..
Thanks. Twitter will use this to make your timeline better. UndoUndo
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