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A comment on Coinbase suspending USDC:USD conversions over the weekend. Parent comment

Re:Coinbase suspending USDC:USD conversions over the weekend by CharlesW on Saturday March 11, 2023 @12:28PM (#35110507)
> Tether is better run than any other stable coin.

Only in the PR sense. A rug pull is inevitable.

On the bright side, when it crashes it'll take what's left of crypto with it.

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Re:Coinbase suspending USDC:USD conversions over the weekend by merlinoa on Saturday March 11, 2023 @12:58PM (#35110796)
Agree that tether will inevitably go to zero, but I don't think it will be Bitfinix pulling out the rug. Tether is more useful for more people than any other stable for the time being. IMO it will be the last stable standing unless the US regulators go after them hard before going after others, which is very possible.
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