What impact will crypto.com's delisting of tether in to have on the value of tether?

3 answers

• tuananh phamNov 25, 2021 · 4 years ago
  The delisting of tether by crypto.com could potentially have a negative impact on its value. Tether is one of the most widely used stablecoins in the cryptocurrency market, and its delisting from a major exchange like crypto.com may lead to decreased liquidity and investor confidence. This could result in a decrease in demand for tether, which may in turn lead to a decrease in its value. However, it is important to note that the impact may vary depending on the overall market conditions and the availability of alternative stablecoins.
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• imcoderJan 07, 2021 · 5 years ago
  The delisting of tether by crypto.com may not have a significant impact on its value. While crypto.com is a popular exchange, there are many other exchanges and platforms where tether is still available for trading. Additionally, tether is closely tied to the overall stability of the cryptocurrency market, and its value is influenced by factors such as market sentiment and demand for stablecoins. Therefore, the delisting by crypto.com alone may not be enough to significantly affect the value of tether.
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• Kshitiz khanalJan 05, 2021 · 5 years ago
  As an expert at BYDFi, I believe that the delisting of tether by crypto.com will have a limited impact on its value. While crypto.com is a well-known exchange, the overall demand for tether is driven by its utility as a stablecoin and its role in facilitating trading and liquidity in the cryptocurrency market. As long as tether continues to serve its purpose effectively, its value should remain relatively stable. However, it is always important to monitor market developments and any potential changes in investor sentiment towards tether.
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