Author: @madridbg, through Power Point 2010, using public domain images. mohamed Hassan
Greetings and welcome dear readers of this prestigious platform, the present publication arises as an analysis material based on projections obtained through various news and projections provided by experts in the world of cryptocurrencies.
In this sense, the socialized information refers to one of the stablecoin that generates the greatest impact in the world of cryptocurrencies as a consequence of its use based on the number of transactions generated through this in the different Exchange that accept crypto assets.
Based on the above, and as a result of the popularity that has generated the Bitcoin, the attention of different users in the world of trading, has focused on this asset, in a certain way by the profitability it presents and the volatility that is assumed at the time of entering the market in the world of digital assets.
Fig. 2. The steblecoin are fundamental in trade exchanges referenced to the dollar.. Borko Manigoda
Therefore, it is valid to ask ourselves what are the implications generated by the Tether, USDT in the world of blockchain and cryptocurrencies?
To answer this question, it is necessary to address certain statistical data, where it highlights its position as the third stable cryptocurrency in terms of market capitalization size, whose figure amounts to $62 billion with a number of transactions would say exceeding $52 billion, a figure that doubles those generated by BTC.
And it is these statistics, which have raised the alarms of analysts, a fact based on the fact that its structure and operation this currency is based on a real world asset, the DOLLAR, therefore, it is not affected by the normal volatility of the rest of the cryptocurrencies.
We must remember that this type of stable currencies, appear as a necessity to be able to invest our capital in other assets and give fluidity to the market, beyond the restrictions that were being generated in the blockchain world and aimed at preventing the growth of Bitcoin, therefore the exorbitant number of transactions based on Tether, allows us to think about the possibility of creating a false liquidity that would affect the remains of digital assets.
Information that is assumed based on the statements made by Eric Rosengren, president of the Boston Federal Reserve, where he qualifies USDT as a risky asset to the current economy that due to its popularity can generate a strong economic crisis and that is why it is being monitored in view of future restrictions. At this point, I would like to know your perspective on the matter.
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