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A comment on 55% of all Tether, $25B, were created in 2021. Parent comment

Re:55% of all Tether, $25B, were created in 2021 by nikanj on Saturday April 17, 2021 @10:10AM (#26844383)
Price spike as measured in USD or price spike as measured in USDT?
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Re:55% of all Tether, $25B, were created in 2021 by PKop on Sunday April 18, 2021 @09:46AM (#26852421)
Dollars simply because it is an increase in demand. Of course, the relative dollar increase would be less than the USDT denominated increase. If USDT is pennies on the dollar, but these fractional dollars are bidding for BTC, BTC will go up in dollars.
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