| submitted by /u/Fly115
This is about price but of a different thing. People are willing to sell USDT for below $ 1. They would rather hold "actual real money"TM rather than bitcoins or so called stablecoins. This is telling. If someone wanted to exit USDT why don't they just buy bitcoin or any coin for that matter instead of selling USDT at a loss?
Currently there are about $ 0.008 of US M2 money stock per Sat (~$ 14,000,000,000,000 / 1,700,000,000,000,000 Sats)
If the US M2 stock continues to expand at around 6%/yr like it has for the past decade we should achieve 1 US cent per Sat within the next ten years, with my current estimate falling just before the halvening-after-next that occurs in 2025/2026.
Current monetary inflation rates for each are USD ~6% / Sats ~4%.
Here is a chart of US M2 money stock growth since 1980, provided by the Federal Reserve Bank of St. Louis.