Did tether manipulate crypto

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Are there broader consequences for finance outside of the cryptocurrency. A digital dollar would drive out all of the dollar-pegged were honored, and the price.

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Tether Has Lost Their Mind
There have long been concerns about whether tether is being used to manipulate bitcoin prices, with one study claiming the token was used to. Tether has been accused of propping up bitcoin prices in the past. Now a new study claims to provide further evidence. A new study by the University of Texas at Austin claims that the Tether stablecoin is used to increase bitcoin's price during market.

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Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. Inf Sci � Tether has been criticized for a lack of transparency and verifiability of its claimed fiat reserves.