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by tiagobraw 1666 days ago
no, it probably won't cause a massive pump... For every seller there's a buyer.. who would be in the other side of the trade if tether is deemed worthless?

A more probable scenario is that trading pairs against USDT will just get halted.

1 comments

> who would be in the other side of the trade if tether is deemed worthless?

Predominantly retail traders who placed limit orders and didn't react to changing market conditions as fast as bots/institutions. Perhaps also some speculators who believe USDT may be able to reclaim the peg.