Will Tether trade for less than 0.8 USD before August 2024 on Kraken?
Crypto•Crypto Prices•Stablecoins
24
107
Ṁ430
Aug 1
7%
chance

I will use this market https://www.kraken.com/en-gb/prices/tether

Historical price can be seen here: https://cryptowat.ch/charts/KRAKEN:USDT-USD

Question will resolve on 1st August 2024.

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predicts YES

https://www.coindesk.com/markets/2023/08/03/traders-ditch-usdt-on-curve-uniswap-pushing-key-exchange-pools-into-imbalance/

Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.

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