All are trading USDT, changing the RMB in hand to USDT, and waiting for USDT to rise back to 1:7.5 before changing it back?
This kind of play, if I remember correctly, has a professional term and track called: foreign exchange.
Compared to the arithmetic problem between USDT and RMB, I am more worried about another matter: Is Tether going to explode?
I remember that Tether had liquidity issues not long ago.
Past deep bears have all started from exchanges blowing up.
This time, if Tether blows up, the Air Force's 30,000 $BTC may very well appear.
The market changes in an instant, and anything can lead to a waterfall; either buy BTC, $ETH and $BNB , or hold stablecoins steady.
Exchanging RMB for USDT and waiting for USDT to rise back to 7.5 before selling is too stupid.
Really, too stupid, so stupid that I don't even want to touch it.
{future}(BNBUSDT)
{future}(ETHUSDT)
{future}(BTCUSDT)
This kind of play, if I remember correctly, has a professional term and track called: foreign exchange.
Compared to the arithmetic problem between USDT and RMB, I am more worried about another matter: Is Tether going to explode?
I remember that Tether had liquidity issues not long ago.
Past deep bears have all started from exchanges blowing up.
This time, if Tether blows up, the Air Force's 30,000 $BTC may very well appear.
The market changes in an instant, and anything can lead to a waterfall; either buy BTC, $ETH and $BNB , or hold stablecoins steady.
Exchanging RMB for USDT and waiting for USDT to rise back to 7.5 before selling is too stupid.
Really, too stupid, so stupid that I don't even want to touch it.
{future}(BNBUSDT)
{future}(ETHUSDT)
{future}(BTCUSDT)
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