USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin BillionaireUSDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire ambcrypto BTC USDT

Bitcoin [BTC] recently led a significant bull run which pumped up the price by 15% in valuation. After the hike, the price of USDT was over 7 yuan on over-the-counter platforms, which meant crypto traders based out of China had to pay an additional 3 percent to 5 percent for Tether [USDT] to avoid a ...