ilmscore | Prediction Details
"if enough people panic at the same time and want to convert their tethers for dollars we might find out there's not enough dollars to convert back to and if that happens there could be a huge liquidity crunch and a whole collapse of the whole stablecoin system"
By Andrei Jikh | November 19, 2021 | Pending
From video
Why Crypto Is Crashing 00:14:39 - 00:14:55
Interpreted Prediction
A widespread panic to convert Tether to dollars could lead to a liquidity crisis and the collapse of the stablecoin system due to insufficient dollar backing.

Prediction Details

Topic
Tether Liquidity Risk

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