Paraguay’s Trump-Allied President Quits as Currency Slides: Is the 13% USDT Premium Real?

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President Santiago Peña resigned following an matter related to Ueno Bank. As he left office, the guaraní lost 4% of its value against the dollar. The previously observed 13% premium on USDT then disappeared, although the article does not identify who is losing money now. The case raises questions about the reality of this exchange-rate gap and its consequences for market participants.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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