Money 2.0 Stuff: Yes, another Tether column

StablecoinsMay 2, 2019, 9:04PM EDT
UPDATED: March 21, 2022, 4:21PM EDT
Money 2.0 Stuff: Yes, another Tether column
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At the time of this writing, $USDT is trading at ~$0.98, after some heavy volatility following last week’s news of a NY State-pursued lawsuit pushed it to a range between $0.96 and $1.06. 

Some questions still remain: Why is the price still $1? How could this change in the future? What, if any, systematic risks does this pose?

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