Stable condition: the capitalization of the Tether is reduced, but the rate has not recovered
The most popular stablon still does not recover from a fall on October 14-15. The rate to the previous value is not restored, in spite of the fact that capitalization is committed to annual minimum.
The capitalization of the Tether 18 October fell to $2.15 billion, but the rate is not too helped — Coinmarketcap gives the average rate just below $0.97 for the coin.
Both figures — and the exchange rate, and the capitalization of the Tether is decreased more significantly, but still it did not happen at the same time.
Tether, the issuing company stabilini, solved its problems with the banks, and Bitfinex renewed the opportunity to replenish the account in Fiat. However, the news, at least, have not had an immediate effect. As another statement on the Tether that the entire turnover stablon guaranteed a supply piatogo dollar.
Definitely affected the flow of capital to other stabilini with reference to the dollar — a number of exchanges and trading platforms, including OKEx, Huobi and BitPay, said in the listing on several tablconv. As a consequence, the rates of other tablconv exceeded $1.
It is noteworthy that all this is happening against the background of unprecedented stability of the bitcoin volatility index of which was updated yesterday, the lowest in almost a year and a half.