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Finance Strategist to XRP Holders: The Next Real Crash Will Happen. Here’s How

Zaccheaus Ogunjobi — Thu, 04 Dec 2025 16:05:23 +0000

The financial world appears stable, yet unseen pressures are quietly building beneath the surface. Stablecoins, often treated as safe anchors, may trigger the next systemic financial shock. What seems reliable today could rapidly destabilize markets tomorrow, impacting both crypto and traditional finance.

Versan Aljarrah, founder of Black Swan Capitalist, recently emphasized this looming danger in a post on X. He warned that the next major crash might not come from Bitcoin or traditional altcoins, but from stablecoins — the instruments forming the backbone of crypto liquidity. Investors often underestimate the fragility of these assets and the systemic risks they carry.

Tether: The Fragile Backbone of Crypto

At the center of concern is Tether (USDT), the world’s largest stablecoin. USDT anchors liquidity across exchanges, wallets, and decentralized finance (DeFi) protocols, making it critical to the crypto ecosystem.

Yet a rising portion of its reserves now includes volatile or illiquid assets, including crypto loans, corporate bonds, and other non-cash instruments. This increases the likelihood of a sudden depeg if confidence collapses or mass redemptions occur.

S&P Global Ratings recently downgraded USDT to the lowest stability tier, signaling concern about its ability to maintain the dollar peg under stress. This downgrade highlights that Tether’s stability depends on market trust, not fully liquid and transparent reserves.

Contagion Risks Across Crypto and Traditional Finance

Stablecoin failure is not isolated. These tokens are embedded across trading systems, leveraged positions, and collateral structures. A sudden Tether run could force rapid liquidation of risky assets, destabilizing its peg. Other stablecoins might follow, spreading volatility across exchanges, wallets, and DeFi protocols.

Tether’s holdings in U.S. Treasury bills and corporate debt create potential ripple effects in traditional finance. Liquidity and trust across broader financial markets could be impacted. The systemic nature of stablecoins makes their failure more dangerous than typical altcoin crashes.

Why This Crash Could Surpass Bitcoin’s Past Volatility

Altcoin crashes usually affect specific market segments. Stablecoins, however, intersect nearly every layer of trading, lending, and collateral systems. Failure could freeze liquidity, spike volatility, and threaten leveraged positions and derivatives globally. This risk could extend into traditional finance, potentially triggering a broader financial reset.

Implications for XRP Holders

For XRP holders, stablecoin turbulence presents both risks and opportunities. Liquidity crunches could temporarily reduce trading volumes and increase volatility, affecting short-term prices.

At the same time, investors fleeing unstable stablecoins may seek transparent alternatives, potentially driving increased demand for XRP. Understanding liquidity, trust, and market behavior is essential for positioning strategically.

Monitoring and Mitigation

Investors should track reserve disclosures, regulatory updates, and on-chain stablecoin flows closely. Diversifying crypto holdings and avoiding reliance on a single stablecoin can mitigate potential losses. Awareness of macro-level financial risks, combined with on-chain monitoring, is critical for navigating potential crises.

Preparing for the Next Financial Reset

Versan Aljarrah’s warning underscores a critical truth: stablecoins are structural, not speculative, assets. Their collapse could trigger a systemic financial reset.

XRP holders and crypto investors must remain vigilant, balancing risk awareness with strategic opportunities. Understanding these underlying pressures is essential to survive and thrive in a market where trust and liquidity define stability.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Here’s Projected XRP Price if It Matches Tether (USDT) Peak Volume

Zaccheaus Ogunjobi — Sat, 05 Jul 2025 00:00:47 +0000

The potential valuation of XRP continues to spark debate across the cryptocurrency space. Despite experiencing significant price swings and a decline from its all-time high of $3.84 in 2018, many investors and analysts still believe XRP remains undervalued, particularly in light of its intended use as a bridge currency for cross-border payments.

While some observers remain skeptical about its long-term prospects, others maintain that XRP could see considerable growth if it begins to facilitate large-scale financial activity, particularly within institutional frameworks. One way to assess this possibility is by using a valuation model based on real-world utility rather than speculation.

Measuring XRP’s Value Through Utility

A widely referenced methodology for valuing digital assets comes from a research model developed by Robert Mitchnick and Susan Athey. Unlike approaches driven by market sentiment, this model estimates fair value based on a token’s role in actual economic activity. It evaluates the relationship between transaction volume, token supply, and how frequently each token is used.

Using a publicly available calculator built on this framework, we assessed XRP’s value under a hypothetical but relevant scenario: what if XRP handled the same level of daily transaction volume as Tether (USDT) did at its highest point this year?

The Benchmark: USDT’s Peak Volume

Tether (USDT), the most actively traded stablecoin, recorded its peak daily volume on February 3, 2025, reaching $292 billion. This volume is driven by its widespread use across crypto exchanges and trading platforms as a base pair against top assets like Bitcoin and Ethereum.

By contrast, XRP’s highest daily transaction volume in recent years was $51.7 billion, which it achieved in December 2023. The comparison sets a high benchmark, but it provides a meaningful reference point for exploring XRP’s potential growth under optimal adoption conditions.

Parameters Used in the Valuation

To simulate XRP handling a $292 billion daily volume, several parameters were applied. First, we assumed that the average holding time for each XRP token is 10 days, reflecting active use in institutional settlements. We also estimated the value of XRP held as a store of value at $180 billion.

Next, the projection was made over three years, allowing sufficient time for growth in adoption, regulatory clarity, and Ripple’s ongoing efforts to expand utility. To factor in supply changes, we projected a circulating supply of 66.2 billion tokens by that time, accounting for the gradual release of XRP from escrow, approximately 200 million per month.

Lastly, to bring the projected price back to present-day terms, a 2% annual discount rate was applied, representing a modest expected rate of return over the next three years.

Projected Price Outcome

With all these parameters in place, the model generated a present-value estimate of $44.13 per XRP. This would represent a substantial increase from its current market value of approximately $2.28, a potential gain of nearly 1,836%.

It’s worth noting that this outcome aligns with past forecasts from analysts like Mickle and EGRAG Crypto, both of whom have separately projected a $44 price point under favorable market conditions.

However, this analysis does not serve as a price prediction. Instead, it illustrates what XRP could be worth if it supports transaction volumes comparable to leading stablecoins like USDT, assuming the appropriate infrastructure and institutional participation are in place.

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What SHIB Price Would Be If Shiba Inu Surpasses Tether (USDT)

Solomon Odunayo — Wed, 25 Jun 2025 13:28:43 +0000

Shiba Inu (SHIB) has consistently been one of the most discussed cryptocurrencies in the market due to its large supply and active community. Despite its recent drop to a 16-month low of $0.00001010, SHIB has remained in the top 20 crypto assets, ranked 19th by market cap as of now.

It still faces pressure from Litecoin, which could push it down one more spot if SHIB’s valuation continues to drop. However, the long-term outlook held by its supporters focuses not on its current decline but on what the future could hold, particularly the possibility of surpassing Tether’s market cap.

Shiba Inu’s lead developer, Shytoshi Kusama, had previously expressed the ambition of bringing SHIB into the top five global cryptocurrencies. The idea of SHIB overtaking Tether may seem unlikely in the short term, but understanding the math behind such a scenario can help evaluate its feasibility.

Market Cap SHIB Needs to Beat Tether

To determine how much one SHIB could be worth if it overtook Tether, it’s important to compare their market valuations. Currently, Tether (USDT) ranks third overall with a market cap of $156.02 billion.

Shiba Inu, on the other hand, has a market capitalization of around $6.37 billion. In a hypothetical situation where SHIB’s market cap increases to $156.1 billion—slightly above Tether’s current figure—it would rise to become the third-largest cryptocurrency globally, behind only Bitcoin and Ethereum.

Projected SHIB Price at a $156 Billion Market Cap

Assuming Shiba Inu maintains its circulating supply of 589.25 trillion tokens, a $156.1 billion market cap would place the price of a single SHIB at approximately $0.0002649. This figure represents an increase of over 2,300% from its present value of $0.00001081.

For context, SHIB’s highest recorded price was $0.00008845 in October 2021, at which point its market cap was still under $45 billion. Reaching $0.0002649 would not only break SHIB’s previous price record but also eliminate one of its leading zeros—something the asset has never done.

Can SHIB Realistically Reach $0.0002649?

While this price target is ambitious, it is not entirely dismissed by analysts. Forecasts from crypto data platforms suggest that such a valuation might be achievable in the coming years. According to Changelly, SHIB could hit this level by May 2032, while Telegaon offers a more aggressive timeline, predicting the target could be met as early as 2028.

Other market watchers have also weighed in with similar expectations. In September 2024, an analyst identified only as Michael highlighted a bullish Elliott Wave pattern in SHIB’s chart and concluded that a price surge to $0.0002 could occur in the medium term.

Around the same time, another trader known as Charting Guy asked in November 2024, “are your bags packed enough for something like this?.” The trader’s statement came when SHIB was priced at $0.000025, with an anticipated price of $0.0002. Since then, the token has fallen by 60%, currently trading near $0.00001081.

Despite these fluctuations, past rallies offer a reminder that SHIB is capable of sharp upward movements. The most notable occurred during the 2020–2021 cycle, when SHIB saw exponential growth over a short period. While current price action does not point to an immediate surge, the possibility of SHIB attaining a $156 billion market cap remains open, but highly speculative.

The long-term vision set by the Shiba Inu team, combined with support from committed holders and periodic bursts of trading activity, could provide the momentum needed for such a move. For now, surpassing Tether would require both significant market interest and favorable macroeconomic conditions. However, if it happens, each SHIB could be worth close to $0.0002649.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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USDT Issuer Tether to be Brought Under U.S. Jurisdiction, Says New Version of Stablecoin Bill

Zaccheaus Ogunjobi — Sat, 10 May 2025 11:26:25 +0000

In a significant development for the cryptocurrency industry, the latest version of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act proposes bringing Tether, the issuer of USDT, under U.S. jurisdiction, irrespective of its offshore base.

This amendment intends to broaden American regulatory oversight to foreign stablecoin issuers within the U.S. financial ecosystem. The news was highlighted by Whale Insider on X, drawing considerable attention from the crypto community.

Background on the GENIUS Act

The GENIUS Act requires stablecoins to be fully backed 1:1 with U.S. dollars or approved liquid assets, aiming to create a robust regulatory framework. The GENIUS Act also mandates transparent redemption policies and stablecoin price stability relative to the U.S. dollar.

The Act delineates federal standards for permitted payment stablecoin issuers, including requirements for fully backed reserves, segregation of reserves, monthly certification, and compliance with capital and liquidity standards.

Challenges and Revisions

Despite its initial bipartisan support, the GENIUS Act faced hurdles in the Senate. The bill stalled on May 8, 2025, amid concerns about regulating foreign stablecoins and strengthening anti-money-laundering provisions.

Democrats expressed heightened concerns following revelations about World Liberty Financial, a crypto firm linked to President Donald Trump, planning to use its stablecoin in a $2 billion deal with an Abu Dhabi investment firm for Binance. Senator Mark Warner, who had previously supported the bill, withdrew his backing, citing unfinished legislative text.

Implications for Tether and the Crypto Industry

The revised GENIUS Act’s provision to bring foreign-based stablecoin issuers like Tether under U.S. jurisdiction signifies a move towards stricter regulatory oversight. This could have far-reaching implications for the crypto industry, potentially setting a precedent for how the U.S. regulates foreign entities operating within its financial system.

For Tether, this means adhering to U.S. regulatory standards, including compliance with anti-money laundering and know-your-customer requirements, regardless of its operational base.

Looking Ahead

As the amended GENIUS Act is presented to the Senate, its progress will be closely monitored by stakeholders across the financial and crypto sectors. The outcome will affect Tether and influence the regulatory landscape for other stablecoin issuers and the broader cryptocurrency market.

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EU MICAr and Tether (USDT) Delisting: What Every Crypto Trader Needs to Know

Solomon Odunayo — Tue, 31 Dec 2024 04:55:17 +0000

Mike Williams, a prominent cryptocurrency trader and enthusiast, recently shared a detailed thread discussing the implications of the EU’s upcoming Markets in Crypto Assets Regulation (MICAr).

This regulatory framework, which took effect on December 30, 2024, has profound implications for the cryptocurrency ecosystem in Europe and potentially beyond. Here, we analyze Williams’ claims, provide context, and assess his suggested solutions.

What is MICAr?

MICAr is the European Union’s comprehensive regulation governing cryptocurrency markets. The regulation establishes a licensing regime for cryptocurrency businesses and introduces stringent Know Your Customer (KYC) and anti-money laundering (AML) requirements. It is part of the EU’s broader effort to provide clear legal frameworks for digital assets, ensuring transparency, consumer protection, and market integrity.

Key provisions include:

Travel Rule Compliance: Cryptocurrency businesses must collect and share identifying information about both the sender and recipient of all transactions, regardless of their size.

Universal Wallet KYC: Both hot and cold wallets will require identity verification, providing authorities with complete visibility into user transactions.

Stablecoin Delisting: Certain stablecoins, including USDT, will be delisted from many EU exchanges, likely due to non-compliance with regulatory standards.

Implications for Crypto Users

Williams emphasizes the far-reaching consequences of MICAr, particularly its impact on user privacy and the foundational principles of cryptocurrency. The mandatory sharing of personal data across exchanges raises significant concerns about data security, as centralized data pools become increasingly vulnerable to leaks and misuse.

Additionally, the requirement to link identities to non-custodial wallets undermines the decentralized and private financial control that cryptocurrency was designed to offer. Furthermore, the delisting of USDT introduces the risk of disrupting trading and liquidity for European users, effectively steering them toward compliant alternatives like USDC.

Williams also criticizes the narrative driving these regulations, arguing that they serve traditional financial institutions by discouraging decentralized alternatives. He claims that offline wallets do not inherently increase risks of criminal activity, as they lack fiat on-ramps, making these measures excessive and invasive.

Workarounds and Recommendations

Williams suggests practical solutions for users to maintain control over their assets:

Non-KYC Exchanges: Moving funds to non-KYC platforms like Toobit can help users avoid the new regulatory restrictions. However, users should exercise caution when using lesser-known platforms to ensure security and compliance with applicable laws.

Offline Wallets: Utilizing fresh, unlinked cold wallets gives users more control over their privacy, although this may require additional steps to manage funds effectively.

Mike Williams’ insights underscore the transformative and controversial nature of MICAr. While the regulation aims to bring transparency and accountability to the crypto industry, it also raises legitimate concerns about privacy, data security, and user autonomy. As the regulatory landscape evolves, crypto users must stay informed, adapt their strategies, and carefully consider how best to safeguard their assets and privacy.

For now, Williams’ thread serves as both a wake-up call and a guide for those navigating the shifting tides of cryptocurrency regulation in Europe and beyond.

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Recent Ripple CEO Predictions Signal Big Opportunities for RLUSD and XRP

Solomon Odunayo — Thu, 12 Dec 2024 12:01:50 +0000

In a video circulating on social media, Ripple CEO Brad Garlinghouse made noteworthy comments regarding the stablecoin market, particularly highlighting the potential future of Tether (USDT) and the opportunities it might create for Ripple’s RLUSD stablecoin.

Garlinghouse’s remarks have generated significant attention, especially from crypto enthusiasts like Amelie, a prominent influencer, who linked his comments to the broader potential of RLUSD within the XRP ecosystem.

Garlinghouse expressed skepticism about Tether’s ability to maintain its market share over the next two years, even if its overall market size continues to grow. He emphasized the importance of bringing more liquidity on-chain and increasing liquidity within the XRP Ledger (XRPL) ecosystem. These moves, he noted, would benefit the XRP community as a whole.

Garlinghouse also addressed the potential impact of upcoming stablecoin regulations in the United States, drawing parallels to the regulatory landscape in the European Union. He suggested that legislative changes could disrupt Tether’s dominance in the market.

“I think it would be beneficial for all stablecoins that are compliance first, that take a regulatory front-foot approach,” he stated, adding that RLUSD represents one such example of a compliant stablecoin likely to thrive in a regulated environment.

Regulatory Progress and RLUSD’s Future Prospects

Garlinghouse’s comments come at a time when Ripple has achieved a significant regulatory milestone. This week, Ripple received final approval for RLUSD from the New York Department of Financial Services (NYDFS). The approval paves the way for RLUSD to be listed on exchanges and integrated with Ripple’s partners.

Garlinghouse confirmed the development via Twitter, noting that further updates on RLUSD’s launch and deployment would be shared through official Ripple channels. This regulatory approval places RLUSD in a strong position to capitalize on the evolving stablecoin market, particularly as global and domestic regulatory frameworks continue to shape the industry.

The Role of RLUSD in the XRP Ecosystem

RLUSD is expected to play a pivotal role in enhancing the liquidity and utility of the XRPL.

In the tweet, Amelie compared RLUSD’s potential impact on XRP to how Tether (USDT) has supported Bitcoin’s liquidity and adoption.

By providing a regulated and compliant stablecoin option, RLUSD aims to attract institutional and retail users seeking stability and transparency in digital transactions.

As stablecoin legislation takes shape in the U.S., compliance-focused offerings like RLUSD could gain a competitive edge. This aligns with Garlinghouse’s broader vision of positioning Ripple as a leader in regulated financial technology.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Expert Marks XRP Break Out Candle, Says XRP Is Set Free

Tobi Loba — Fri, 08 Nov 2024 06:25:17 +0000

Renowned crypto expert Zach Rector recently shared a chart on X, predicting a significant breakout for XRP. In a subsequent YouTube video, Rector elaborated on his predictions, citing several key factors that could drive the asset’s anticipated surge.

Rector pointed to a recent post by Ripple CEO Brad Garlinghouse, in which Garlinghouse reminded President-elect Donald Trump about his promise to dismiss SEC Chairman Gary Gensler on his first day in office. This call to action is a potential catalyst for regulatory changes that could favor Ripple and, by extension, XRP.

The Path to a New All-time High

Rector emphasized the historical connection between Ripple and the Trump administration, recalling how XRP experienced substantial growth during Trump’s first term. Rector recently drew attention to XRP’s performance during Trump’s first term, as the digital asset climbed to its all-time high of $3.84 in January 2018.

Furthermore, Rector highlighted Bitcoin’s impressive performance following Trump’s election victory. Notably, Bitcoin reached a new all-time high above $76,000, and the bullish sentiment extended to the broader cryptocurrency market, with XRP also showing significant momentum, climbing to its highest point since early October.

Rector observed a corresponding massive increase in the stock market, indicating a favorable economic environment that could further support the digital asset’s rise.

Will RLUSD Replace Tether?

One of Rector’s notable points was the potential regulatory crackdown on Tether. There are allegations that Tether has been creating a financial bubble by minting stablecoins without sufficient backing.

Rector suggested that the Trump administration targeting Tether could present an opportunity for Ripple to step in with its stablecoin, RLUSD, which could stabilize the crypto market and significantly benefit XRP.

What’s Next for XRP?

Rector also touched upon the broader implications of a Trump administration for the cryptocurrency sector. He noted that Trump’s approach to financial regulations could create a more favorable landscape for cryptocurrencies.

In his video, Rector reiterated his belief in the imminent breakout, stating, “XRP is about to be set free.” He expressed confidence that the regulatory environment under Trump could unlock significant value for XRP holders, potentially replicating the dramatic surge seen in 2017.

Many analysts have predicted that XRP can repeat the 2017 surge, and Rector’s analysis presents a compelling case for XRP’s potential breakout. His insights offer a hopeful outlook for investors eagerly watching the market for signs of the predicted surge.

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XRP Will Soar Massively When Tether Bubble Bursts, Says Researcher

Solomon Odunayo — Fri, 23 Aug 2024 05:19:02 +0000

On-chain researcher SMQKE has issued a provocative prediction: the potential dominance of XRP and its associated stablecoin, RLUSD, following a collapse of what he terms the “Tether bubble.” This assertion is rooted in concerns about the stability of Bitcoin and Ethereum, which he believes rely on Tether’s liquidity.

Recent data from Lookonchain supports SMQKE’s concerns. Tether has been aggressively expanding its supply, minting over 3 billion dollars a couple of hours ago. This rapid growth has fueled speculation about the true backing of these newly minted USDT coins.

Correlation Between Tether Liquidity and Bitcoin’s Price

SMQKE argues that Tether’s actions could artificially inflate the prices of Bitcoin and Ethereum, creating a speculative bubble. This assertion is corroborated by research from institutions such as the Bank of France, which has identified a strong correlation between Tether’s liquidity and Bitcoin’s price.

However, SMQKE believes that this bubble is unsustainable. He warns that a market correction could occur if investors become aware of potential shortcomings in Tether’s backing. Such a correction could have severe consequences for Bitcoin and Ethereum, potentially shaking investor confidence in the broader cryptocurrency market.

XRP and RLUSD: A Stable Alternative

In contrast to the perceived instability of Bitcoin and Ethereum, SMQKE highlights XRP as a more stable alternative. XRP has demonstrated resilience, particularly in its use case for cross-border transactions and its commitment to regulatory compliance.

Furthermore, Ripple’s upcoming stablecoin, RLUSD, is poised to offer a more regulated and transparent alternative to Tether. Unlike Tether, which has faced criticism for its lack of transparency and regulatory challenges, RLUSD is expected to comply with stringent regulations, ensuring that it is fully backed and transparent.

SMQKE suggests that the introduction of RLUSD, combined with Tether’s regulatory uncertainties, could lead to a significant shift in market dynamics.

Investors may prefer the stability and security offered by a regulated stablecoin, potentially reducing Tether’s market dominance. This could benefit XRP, as it is not as heavily intertwined with Tether’s potential vulnerabilities.

While the future of the cryptocurrency market remains uncertain, SMQKE’s analysis suggests that XRP and RLUSD could be well-positioned to benefit from a potential collapse of the Tether bubble.

The stability, regulatory compliance, and innovative use cases of these assets could make them attractive alternatives to Bitcoin and Ethereum, particularly in a market characterized by uncertainty and risk.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Breaking: Judge Dismisses Class Action Lawsuit against Tether and Bitfinex

Solomon Odunayo — Fri, 04 Aug 2023 23:24:27 +0000

Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District Of New York has demised a class action lawsuit against Tether, the issuer of the world’s largest stablecoin USDT and Bifinex, its sister company.

According to a blog post on Tether’s official website, the judge issued a comprehensive and incisive 6-page decision that included an order dismissing the class action lawsuit that lacks merit, which was filed by Matthew Anderson and Shawn Dolifka against Tether and Bitfinex companies in its entirety.

As the report further stated, the court correctly held that the plaintiffs’ complaint lacked any plausible allegation of injury because it includes no facts showing that “USDT had a diminished actual value at all.”

The fact that the entirety of the class action suit was dismissed at this very early stage of the proceedings implies that plaintiffs’ allegations were void of any legal merit, Tether stated.

In a tweet after the favorable ruling, Tether spokesperson and CTO Paolo Ardoino wrote:

“Tether and Bitfinex Win Comprehensive Legal Victory as U.S. District Court Dismisses Class Action Lawsuit The Court correctly held that plaintiffs’ complaint lacked any “plausible allegations of injury” because it includes no facts showing that “USDT had a diminished actual value at all.”

A Throwback to the Complaint Filed in 2021

It’s worth noting that the complaint stems from a complaint filed all the way back in 2021. At that time, Shawn Dolifka and Matthew Anderson claimed that a statement that Tether was backed by US Dollar was false.

The complaint read in part:

“Defendants did not maintain the same amount of reserves as Tether tokens in circulation. At times, Defendants had no reserves whatsoever. Further, these reserves did not contain U.S. dollars, as Tether suggested, but were a mix of other assets, such as overcollateralized loans and other undisclosed commercial paper.”

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Sell USDT in Dubai with Zero Transaction Fees At Crypto Desk

Tobi Loba — Fri, 07 Apr 2023 15:40:27 +0000

You’ll be thrilled to discover that you have several choices when you sell USDT in Dubai. Meanwhile, finding a platform or exchange that doesn’t charge transaction fees might be challenging. USDT, commonly known as Tether, is a stablecoin pegged to the US dollar that can be used as a trusted medium of exchange or store of value. This post will shed some quick light on where to sell USDT in Dubai, allowing you to make a more educated decision and increase your potential earnings.

Advantages of Zero Transaction Fees for Selling USDT in Dubai

There are no transaction costs to sell USDT tether in Dubai, which has various advantages.

There are no transaction fees, which is a big plus because it saves money. If you plan to sell a lot of USDT, you can save much money in the long run by selling tether instead since no fees are involved.
The lack of transaction fees can help you get a better price for your USDT in a competitive market.
There are no fees deducted from the amount of USDT you sell. As a result, exchanging USDT for other cryptocurrencies or fiat currencies is simplified.
There are more potential customers in the market for USDT because of the absence of a selling fee. By selling USDT in smaller amounts without incurring large transaction costs, you can save time and effort when managing your finances.

In general, selling USDT in Dubai without paying transaction fees can get you better prices, more cash, and more freedom.

Which Crypto Exchange platform offers Zero transaction fee

Crypto desk, with over seven years of expertise in the industry, provides users with a secure, transparent, and well-cared-for trading platform in addition to the best rate.

Unlike P2P networks, where you have no idea who you are dealing with, Cryptodesk’s Dubai office allows you to conduct transactions in person, eliminating any possibility of loss. As the origin of P2P funds is unknown, they may represent illegally obtained “black money.”

Each trader must take into account the current exchange rate. While using an online trading site, the exchange rate could be as high as 7%. Yet, you can save a tonne of cash by exchanging at a regional marketplace, such as Crypto Desk.

Pay no interest and save more. Spot trading pairings are free, including BTC, ETH, BIT, and more.

Step-by-Step Guide to Selling USDT in Dubai with Zero Transaction Fees

Here is how you may sell USDT at a crypto desk in Dubai with no fees:

Step one is signing up for an account on a crypto desk platform. Please fill out the required fields in the registration form and submit it.
The second step is to confirm your identity using the platform’s KYC (know your customer) verification process. Typical requirements include a valid form of identification issued by the government and proof of current residence.
Deposit USDT into your account once your account has been validated. Transferring USDT from one wallet or exchange to your crypto desk platform account is the way to do this.
After funding your account with USDT, place a sell order. To sell USDT, choose the Tether to AED currency combination and enter the desired amount.
Confirm your sell order after reviewing the specifics. If your order is fulfilled, you will receive the equivalent amount of AED in USDT that was sold.
Once the AED equivalent of your USDT has been credited to your account, you may request a withdrawal. Withdrawals can be made through various methods on a crypto desk, including bank transfers and cryptocurrency withdrawals.
It’s worth noting that the processes mentioned above may vary significantly according to the particular crypto desk platform you’re using.

Conclusion

According to sellusdtdubai.ae To avoid the costs of using traditional exchanges, investors should take advantage of the possibility of selling USDT in Dubai for free at Crypto Desk. Sell tether for cash on this most promising platform. They provide this service by monetizing it through other means, such as transaction fees or premium features. Traders can quickly sell their USDT in Dubai with no transaction fees by following the steps given in this article, allowing them to save money and increase their profits. You should always do your homework and examine numerous possibilities before selecting an exchange since they all have different features, criteria, and costs.

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