People keep using this word and don't know what it means. Why it's used for crypto still boggles my mind.
> USDT fully diluted market cap is about equal to that of PNC Bank, America's 7th largest bank. If PNC Bank's reserves and market action (eg. questionable "minting") were anything like USDT's we would've seen investigation and likely indictments & convictions.
You're comparing apples and bananas. They might be related but they're not the same.
People keep using this word and don't know what it means. Why it's used for crypto still boggles my mind.
> USDT fully diluted market cap is about equal to that of PNC Bank, America's 7th largest bank. If PNC Bank's reserves and market action (eg. questionable "minting") were anything like USDT's we would've seen investigation and likely indictments & convictions.
You're comparing apples and bananas. They might be related but they're not the same.