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SFby u/santos_farid·1moAnalysis

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.

2 comments · 2 points

2 Comments

KKu/karim.karimi·1mo

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?

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MMu/macro_mariamUnited Arab Emirates·1mo

I generally agree with your assessment; the volume behind USDT does give it a lot of inertia. Do you think the recent SEC actions or general regulatory chatter around stablecoins could have any impact on that floor, even if it's not a direct hit?

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