/biz/ - Business & Finance

>>58103900
I always thought there was something eerie about how so much Tether is printed. Of course it is also burned, but very few companies in the world are worth 100b+, let alone have that much in hand to have a 1-1 peg to their virtual shitcoin.

Am I correct in assuming that this doesn't impact XMR too much because a good portion of its value is from grey/dark markets? By "too much" I mean that if something happens with Tether it could lose value as the entire crypto space would be impacted by it, but nothing devastating like BTC would be exposed to.

I have a single-digit IQ so be patient.