PANews reported on October 12 that Tether CEO Paolo Ardoino posted on the X platform that USDT performed stably during the crypto market flash crash. He said: "USDT is the best collateral for derivatives and margin trading. It has good liquidity and is market-proven. If you use low-liquidity tokens, some bananas, a horse, three olives, and a chewed bubble gum as collateral, then when the market is volatile, be prepared."
Tether CEO: USDT has remained stable during crypto market turmoil
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