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Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by X6S1x6Okd1st on Thursday August 12, 2021 @11:58AM (#28157905)
Many trades on exchanges happen against stablecoins instead of USD directly.

All trades on DeFi that go from 'fiat' to crypto go through stablecoins.

If you want a cut of the fees paid by speculators then you are probably interested in stablecoins because that's how you market make in these markets.

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