Tether CEO: USDT Remained Stable During Crypto Market Flash Crash
ChainCatcher News, Tether CEO Paolo Ardoino stated on X that USDT remained stable during the crypto market flash crash.
He said: "USDT is the best collateral for derivatives and margin trading, with good liquidity and market validation. If you use low-liquidity tokens, some bananas, a horse, three olives, and a chewed piece of bubble gum as collateral, then be prepared when the market becomes volatile."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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