On: CFTC Orders Tether and Bitfinex to Pay Fines Total...

[paulpauper]

I think it would be the opposite. tether failing would force ppl to convert to BTC, ETH to preserve $.

[buildbuildbuild → paulpauper]

It's possible. But I would expect panic selling as charts make it _look_ like all cryptocurrency is crashing due to USDT's sudden decrease in value.

Small exchanges could also lose liquidity from bad code that assumes USDT will always equal $1.

[adflux → buildbuildbuild]

Tbh I wouldnt dare keep usd on an exchange when its crashing

[NicoJuicy → paulpauper]

Short term, yeah ( people converting). Long term, no ( way less pumping)