Rumor has it that Tether, the parent company of USDT, has bought $24 billion worth of gold. Seeing this news, I feel deeply disappointed. Let me clarify, this isn’t about morally criticizing Tether, just despising this behavior. Since 2017, Tether has sucked away so much liquidity from the crypto industry. They’re making so much money—don’t they realize all of this is thanks to the digital gold $BTC and its dividends? Not asking them to do anything for the industry or for Bitcoin, but even a token gesture would show some conscience. On the other hand, look at USD1, throwing money around to increase liquidity in the crypto space, giving back to the industry and retail investors. This recent campaign targeting Binance Square is pretty great—just do live streams related to WLFI and USD1 within the Square, and you’ll have a chance to share a $50K reward. Everyone can participate. USD1, the light of stablecoins in the bear market.