THE INFLUENCE OF STABLECOIN (TETHER) ON THE CRYPTOCURRENCY MARKET by madridbg

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· @madridbg ·
$3.56
THE INFLUENCE OF STABLECOIN (TETHER) ON THE CRYPTOCURRENCY MARKET
<center><img src="https://images.hive.blog/DQmbYrqgAYWLmbzTeaAYyXJbcx9WczgpHEe32dcg2N5pEnV/portada%20esta.png"/></center>

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<blockquote><center> Author: @madridbg, through Power Point 2010, using public domain images. <a href="https://pixabay.com/es/illustrations/blockchain-bitcoin-banco-negocio-3581920/" rel="noopener" title="This link will take you away from steemit.com">   mohamed Hassan</a></div></center></blockquote></div>
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<div class="text-justify"> Greetings and welcome dear readers of this prestigious platform, the present publication arises as an analysis material based on projections obtained through various news and projections provided by experts in the world of cryptocurrencies. 
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<div class="text-justify"> In this sense, the socialized information refers to one of the stablecoin that generates the greatest impact in the world of cryptocurrencies as a consequence of its use based on the number of transactions generated through this in the different Exchange that accept crypto assets. 
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<div class="text-justify"> Based on the above, and as a result of the popularity that has generated the Bitcoin, the attention of different users in the world of trading, has focused on this asset, in a certain way by the profitability it presents and the volatility that is assumed at the time of entering the market in the world of digital assets.    
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<center><img src="https://images.hive.blog/DQmdatTfV6wTLTrekMDCNuoRiou4Fj8hGZViBmDXNWztvQW/imagen%202.jpg"/></center>


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<blockquote><center> Fig. 2. The steblecoin are fundamental in trade exchanges referenced to the dollar..<a href="https://pixabay.com/es/photos/dinero-del-euro-bitcoin-6363415/" rel="noopener" title="This link will take you away from steemit.com">   Borko Manigoda </a></div></center></blockquote></div>
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<div class="text-justify"> Therefore, it is valid to ask ourselves what are the implications generated by the Tether, USDT in the world of blockchain and cryptocurrencies?
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<div class="text-justify"> To answer this question, it is necessary to address certain statistical data, where it highlights its position as the third stable cryptocurrency in terms of market capitalization size, whose figure amounts to $62 billion with a number of transactions would say exceeding $52 billion, a figure that doubles those generated by BTC.
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<div class="text-justify"> And it is these statistics, which have raised the alarms of analysts, a fact based on the fact that its structure and operation this currency is based on a real world asset, the DOLLAR, therefore, it is not affected by the normal volatility of the rest of the cryptocurrencies.
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<div class="text-justify"> We must remember that this type of stable currencies, appear as a necessity to be able to invest our capital in other assets and give fluidity to the market, beyond the restrictions that were being generated in the blockchain world and aimed at preventing the growth of Bitcoin, therefore the exorbitant number of transactions based on Tether, allows us to think about the possibility of creating a false liquidity that would affect the remains of digital assets.
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<div class="text-justify"> Information that is assumed based on the statements made by Eric Rosengren, president of the Boston Federal Reserve, where he qualifies USDT as a risky asset to the current economy that due to its popularity can generate a strong economic crisis and that is why it is being monitored in view of future restrictions. At this point, I would like to know your perspective on the matter.</div>
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<center><h2><strong> OF INTEREST</strong></h2></center>

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•	<center> The design of the portal was made by @madridbg, using public domain images</center>
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<div class="text-justify"> Grateful with the community @project.hope and with all the management team of the same one that they motivate us to continue working in a mutual and balanced growth.  </div>
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vote details (206)
@dgalan ·
Greetings @ madridbg, I particularly like the TETHER coin. 
I have been able to secure the profits of the investments I have made, since it is a stable currency, it does not have the volatility or instability of other currencies. It is necessary to follow closely now this statement made by Mr. Rosengren, since always with this type of statement the great investors seek to manipulate the market. 

Thank you very much for sharing your publication
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@diego1306 ·
personally I like a lot of Usdt in the trc20 network for its literally non-existent feeds and speed, it is said that this crypto is risky for its suply one day they burn another one they retain and supposedly there is no control.... like everything I do not put all my eggs in one basket eye also distribute my capital in stable coins as BUSD, but that's another topic thanks for the tip broth
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@garybilbao ·
USDT allows me to stabilize my earnings. That is why it is called "stabkecoin". I don't know how much truth this gentleman you mention has, what I suspect is that they are up to something with this coin. It is not the first criticism I read against it.

I will continue to use it and I am looking forward to try BUSD. But I don't know it in depth.

Thank you for this post. Best regards.
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