Paolo Ardoino got quite nostalgic and stated, that Bitcoin is technology and financial elegance. He pointed to how since September Tether added to the market cap a value which is equivalent to the sum of all the current market caps of all the other alt-stables.
Some of them felt that there is nothing so good to feel about it pointing to the same criticisms like Tether isn’t backed by USD 1:1 and that Tether is not audited. Some of them also stated that the CBDC are coming soon and how Tether dominance will end.
However, there were supporters who agree with Paolo and stated that it should have been hard to achieve.
One of the users stated, Tether will have to become a regulated eMoney token and that nobody seems to understand the risks and that after January 10, 2020 non-registered stable coins may well become invalid.
Meanwhile some of them were eagerly waiting to know if there were a list of registered stable coins.
Read more: https://thecurrencyanalytics.com/22242/tether-usdt-getting-serious-about-tetherization-of-trading-and-reputation/