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0 sats \ 0 replies \ @0268486dc4 25 Mar 2022 \ parent \ on: The first Tether / stablecoin transaction in a Lightning channel! bitcoin
I think the original purpose of tether was for arbitrage trading. It wouldn't make sense to move bitcoin from one exchange to another if the purpose is to arbitrage bitcoin. This would give a way for arbitrage traders to step out of bitcoin into the dollar for transfer to another exchange.