Is the price of USDT likely to go down even more? Should I get

bump for advice

Why did it go down in the first place, I thought it was a fixed 1:1 ratio with usd?

most asian crypto companies are locked out from sending usd to the west now, its not just usdt its nearly everything. either it all gets fixed or they will need to set up in completely different countries to let people withdraw usd.

just remember that usdt is just a shitcoin, theres nothing special about it, and the only thing keeping the value of it at $1 has been taken away against the usdt people's will.

>>1987683
Ok but will it go back?

Like should I just stock up on USDT and wait a few weeks? Or is it likely to drop further?

I want to speculate about the future price of USDT. Is it likely to drop further or go back up?

So do you guys think USDT price will go up again or not?

just read https://tether.to/announcement/

>>1988011
I have read this. But do you think they will really fix it?

And roughly how long do you think it will last? Do you trust this?