@emory from my travels, honestly most of tether is probably from automated usage — namely, robots trading altcoins on margin and socking the profit in USDT.
but it's also, like, the easiest motherfucking way to hide money. it doesn't even lose value.
https://posts.dumb.stuff.donaberger.xyz/@mitch/113544436611255522
2024-11-25 cryptadamist ┃ 1🔗 1👤 1💬
@mitch @emory most of Tether is actually probably Chinese capital exfiltration but the rest of it is every type of criminal the world over.
i've been talking about Lutnick and Tether for a […]
@mitch why tether over usdc or any other so called stable coin?
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