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by martin8412
1063 days ago
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No, the price is 30K USDT, which has very dubious backing, part of which is BTC. They've never been audited and thus nothing points to them being solvent. It's believed that a lot of the backing is in Chinese real estate papers which took quite a big fall with Evergrandes' troubles. |
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You can literally sell one Bitcoin on Coinbase right now and get >30K USD back (minus commission). No idea how USDT is relevant here.