FTX’s Strategic Use of Tether’s USDT: Insights and Implications
in brief Tether’s USDT serves as a widely used stablecoin in the crypto market, providing stability and facilitating value transfer amidst volatility. FTX strategically positioned itself to capitalize on USDT’s popularity and liquidity by offering trading pairs and derivative products linked to USDT. FTX utilized insights into USDT flows, such as inflows and outflows, to…