Anyone seeing USDT?

[Rakzs]

Saw apparently it depegged and reached $0.97, tradingview says it's at 0.98 now. This is likely related to FTX but does anyone know if it's worth selling or holding?

 

[Richichi]

It's probably due to high trading volume, USDT has a fixed price. Could be that people buying the dip or something

 

[Chris Newman]

Nothing to panic about : USDT is at US$0.99, which is quite normal.
And Tether can and does "print" as much USDT as it wants, so Tether is able to "pull" and / or "push" USDT, in order to ensure that it is pegged to the US Dollar.
What you may perhaps worry about is the US Dollar crashing (if it ever does).

 

[Followlix]

Sam is trying to profit on USDT while shorting it by taking loans on DeFi protocols against it and swapping.

Paolo himself seems to provide some information on the redemption statistics of USDT in the last 24 hours, which look good.

https://twitter.com/x/status/1590671674378067968

Time for serious bets

 

[francdotexe]

Saw apparently it depegged and reached $0.97, tradingview says it's at 0.98 now. This is likely related to FTX but does anyone know if it's worth selling or holding?

usdt is probably safe, even if its not, if that happends whole crypto market will fucking crash to 0 sooo