How does the ownership of USDT affect its stability and value in the crypto market?

1 answers

• Dec 18, 2021 · 3 years ago
  At BYDFi, we believe that the ownership of USDT can have a significant impact on its stability and value in the crypto market. As a decentralized exchange, we encourage a more distributed ownership of USDT to minimize concentration risks and promote market stability. By fostering a diverse and widespread ownership base, we aim to reduce the potential impact of a single entity on the value of USDT. This approach aligns with our commitment to creating a fair and transparent trading environment for all participants in the crypto market.
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