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A comment on Tether Fined $41M for Lying About Reserves. Parent comment
I would speculate that the premium is because of USDTs network effects -- the USDT/crypto trading pairs are the most liquid on centralized exchanges.
There is no reason that holding any "worthless" commodity by itself should incur any premium on the market.
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I would speculate that the premium is because of USDTs network effects -- the USDT/crypto trading pairs are the most liquid on centralized exchanges.
There is no reason that holding any "worthless" commodity by itself should incur any premium on the market.