New Study Argues Tether Wasn't Used to Prop Up Bitcoin Price

New Study Argues Tether Wasn't Used to Prop Up Bitcoin Price
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n nn nn Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether USDT issues new tokens to manipulate the bitcoin price, a new report has emerged debunking this theory.Written by Dr. Wang Chun Wei of the University of Queensland Business School, the report states that, contrary to the conclusion of the earlier study by John Griffin and Amin Shams, the effect of Tether is statistically insignificant as far as bitcoin p