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CD81: shitcoin apocalypse, macro environment, self custody all time high, bitcoin fundamentals with @DylanLeClair_ and @_Checkmatey_

Citadel Dispatch

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Tether Is a Lifeline for People in the Third World, Right?

Tether was born because it was hard for Bitcoin companies and exchanges to have banking relationships with US dollars. It's essentially a black market US dollar, which is also what people miss when they think like USDC or any of those regulated stablecoins is a competitor to tether. The three most common payment methods on bit refill where you can buy gift cards and top up phone time with cryptocurrencies was Bitcoin was number one. And finances, finances like closed API payment system Binance Pay was like basically tied for third with tether.

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