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Tether is used a lot, actually. Bitfinix has tons of USDT pairs that do quite a bit of volume, for example.

I heard bitfinex was shifty too. There was something to do with issuing Thether or something and how a lot of it appeared from nothing, or had no backing or something. It was a while I go I heard about that so I forget the specifics. I just know there were warnings to stay away from Tether.

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