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The cryptocurrency world is stirring again! Tether and USDT have repeatedly been rumored to be on the verge of collapse and running away, but the reality is that its net profit in the first quarter of this year reached a staggering 4.5 billion dollars. What’s going on?
Many people think that the cryptocurrency world is just a large fund scheme, or even a scam. Many view Bitcoin as a tool for the US government to exploit the masses, while USDT is referred to as a financial trap on Wall Street, believing it will eventually collapse. However, a little understanding would reveal that Bitcoin has nothing to do with the US government, and USDT is not as fragile as some imagine. Today, we will comprehensively analyze whether there is really a risk of collapse for USDT issued by Tether.