Traders in Asia continue to put their faith, and funds, in Tether

Despite Bitfinex and Tether’s ongoing lawsuit from the New York Attorney General's office, data shows Asia-based traders still have confidence in Tether. Over the counter sources also say the Tether stablecoin is preferred in Asia to others.

Use of Tether on exchanges has steadily increased in Asia from 2017's 4Q to present, with use in the U.S. steadily declining.

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