Tether discount creating artificial premium between USDT & USD

Tether's current trading value against USD has created a huge spread between USDT and USD traded pairs. A possible reason is tether's long-standing lack of transparency or the perceived safer stable coin competitors. @AureliusBTC on Twitter noticed the gap on multiple spot exchanges using USDT vs. BitMEX long before I did, and linked this article about possible risk that USDT has on the cryptospace:

medium.com/@hasufly/...essment-e8a837eebdcb

Here's a CCN article about regulated stablecoins vs. tether:
www.ccn.com/new-crop...a-premium-to-tether/

Trusting financial giants with your money is the antithesis of bitcoin but it looks like a necessity to bring new investors to lose their money to trading bots and FUD.

TrueUSD vs. USDT

TrueUSD vs. USDT in bitcoin pairing

Commentaire:

$100 difference ayy lmao
Long futures, buy BTC paired alts