[arcticbull]

From where? USDT will be worth exactly $0 so some 80% of all trading volume in crypto will evaporate instantly, and so will probably 80% of its dollar equivalents.

[null_shift]

doesn’t saying the volume evaporates instantly presumes that there is no real demand? (certainly a possibility)

alternatively, could another stablecoin take the place of tether, without any fundamental change in crypto trading volume?