Will USDT collapse and run away? Don't be misled!
The crypto world is in turmoil again! Tether and USDT have repeatedly been rumored to collapse and run away, but the reality is that its net profit in the first quarter of this year reached 4.5 billion dollars. What is going on?
Many people believe that the crypto world is just a large funding scheme, or even a scam. Many see Bitcoin as a tool for the U.S. government to exploit the public, while USDT is labeled as a financial trap by Wall Street, believed to collapse sooner or later. However, a little understanding reveals that Bitcoin is unrelated to the U.S. government, and USDT is not as fragile as some imagine. Today, we will comprehensively analyze whether the USDT issued by Tether really carries the risk of a blow-up.