Will USDT cause the collapse of the digital currency market?
Is it really possible for the USDT currency to collapse in the world? And how will this affect the digital currency market?
USDT is the largest stablecoin in the world and is ranked 3rd globally in digital currencies after BITCOIN and ETH
Europe has decided that it does not want to deal and does not allow dealing with USDT in Europe, and the European market is very large, if the Europeans withdraw from USDT, approximately 40-50% of the value of the currency will fall, and this will inevitably affect the entire digital currency market, I expect that we will witness a huge decline in the digital currency market
Imagine that there are millions of people who have placed orders and opened deals and all of these will be canceled! You imagine that there are millions of people who have placed bots that work with USDT! All of this will be canceled in Europe!
So I expect a sharp drop in prices, but this is a personal expectation and not financial advice
