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by thebean11 1493 days ago
Or is being 0.1% below peg causing large redemptions? People buying USDT at a discount and redeeming at face value.
1 comments
kasey_junk 1493 days ago
Thats why breaking the peg is so bad. Its a visious cycle so both are correct.
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thebean11 1493 days ago
No it's not..people buying in order to redeem brings the price closer to the peg, not further away.
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