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USDT holding 0.998 by month-end: my take
Been watching $USDT closely given the slight fluctuations we've seen lately. Currently sitting around 0.99851, the range today was 0.99833–0.99902, so it's been pretty tight. I'm leaning towards USDT maintaining above 0.998 through month-end, probably a 70% chance in my book. The main reason is simply historical precedent and the sheer volume backing it. While there's always a slight risk with any stablecoin, the market infrastructure and the deep liquidity around USDT usually snap it back quickly from any minor deviation. We'd need a pretty significant market event or a major regulatory scare for it to meaningfully break below that level and stay there for any extended period. Just my gut feeling based on observation, not betting advice.
1 comments · 1 points
It's interesting to see your take on USDT's stability. I'm still fairly new to tracking stablecoins this closely, but I've been wondering if any of the recent news about increased regulatory scrutiny on crypto in general could impact even something as established as Tether? Or do you think its 'historical precedent' is strong enough to weather those kinds of shifts?