Op-Ed: Is Tether Trying to Price Itself out of the Stablecoin Wars?
Bitfinex recently moved toward “Tether neutrality,” breaking its special bond with Tether (wherein it was the most reliable way to redeem USDT for USD) and in turn, Tether, with nearly $2 billion it outstanding units, had to re-establish direct redemption for USDT holders to USD. Those still wanting to use the Bitfinex method will have
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Posted by P. H. Madore on December 3, 2018 @ https://www.ccn.com/op-ed-is-tether-trying-to-price-itself-out-of-the-stablecoin-wars/