X @Ignas | DeFi

Why would you hold USDT instead of USDC?For trading some markets? Sure.Maybe occasional higher yield on lending?But there's no point being a stablecoin maxi: neither USDT nor USDC pass down the yield to holders.No equity exposure to Tether either.You get 100% of the risk but no upside (only temporary escape from crypto volatility).There's also no need for CT to get defensive on S&P's latest downgrade risk for USDT to 'weak'.That was my first though.On the second thought, Tether is buying BTC (5.5% of backin ...