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/biz/ - Business & Finance

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55321967 No.55321967 [Reply] [Original]

Why are they printing so much money still while every other stablecoin is declining in market cap?

>> No.55321990

Because no one wants unstable stablecoins that constantly blow up or depeg like USDC, USDT is by far the largest and most stable stablecoin on the market
in short: network effect + natural demand

>> No.55322000

>>55321967
Tether is the original stablecoin, they have made the necesary "arrangement".

>> No.55322010

T-bills are paying 5% right now retard. These guys are in major profit and already said they’re using a lot of this profit to buy BTC so they can sell it off in the bull run and print even more

>> No.55322013

because they keep getting money to back it ;)