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by cmevidence 1625 days ago
people don't "invest in" stable coins, but stable coins are used as a fiat equivalent on an exchange: people buy and sell into stable coins (or, more accurately, buy and sell into USDT because Tether is >90% of stable coin volume). As such, if Tether (the organisation) want to pump up the price, they can print lots of tether and use it to buy assets.