[alcio]

USDT-USD markets are indeed marginal. however, implied USDT price using BTC as a cross shows USDT is valued pretty much at parity with the dollar by the market:

https://www.tradingview.com/symbols/spread/BINANCE%3ABTCUSDT...

[leppr]

Yes, and that parity is precisely the thesis behind the author's contrarian short position.