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ARK Crypto Brainstorm #01: The Aftermath of FTX

FYI - For Your Innovation

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The Impact of Tether on the Bitcoin Market

Tether is much more intermingled with DeFi and other parts of the ecosystem that might be worse, but there's like it's a multivariate situation where a lot of things can happen. It might be people escaping Tether into Bitcoin and also people just seeing that the Bitcoin price is on a run again. If you are a Chinese national, the Holtz Tether, because you want to hold funds outside of your local relative financial system and you want to liquidate the Tether, I suppose you could go back from these OTC markets back to Yuan or something like that.

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