Tether starting to lose its peg too, after Terra did

1

Tether (USDT)

Note that while it's a good proxy this isn't same as going to the issuer (https://tether.to) and getting 1USD in exchange for 1USDT. Tether is still honouring 1-1 conversion for a minimum of $100K.

#Business & Commerce #Productivity #Sales 31 social mentions

2

CoinMarketCap

Look at the front page of https://coinmarketcap.com/ There are 10114 different coins listed. Even if cryptos will deliver on the promises of the fully decentralized future, are we going to need that many different instruments? Today practically all merchants takes Visa and Mastercard. Some even take Amex, and a minuscule amount take BTC. Does anyone take a coin from page 73 of coinmarketcap.com?

#Cryptocurrencies #Crypto #Cryptocurrency Investment 1309 social mentions