“Tether has no exposure to SVB as its popularity lies more in the Asian region, meaning USDT doesn’t rely on dollars being held in American banks, making it one of the safest stablecoins to pivot to currently,” said François Cluzeau, head of trading at Flowdesk, in a message to CoinDesk.
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- Source: https://www.coindesk.com/markets/2023/03/22/tether-stability-made-it-the-safest-stablecoin-bet-amid-us-banking-crisis-analysts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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