As the year comes to a close, it's always useful to remember the impact of stable value in the #cryptoasset market.

The chart below overlays Tether supply on $BTC returns.

Buying $BTC when Tether expands and selling when it contracts, yielded a 2x return - HODLing yielded par. pic.twitter.com/AqUwf3LrPR

— Ξlias Simos (@eliasimos) December 12, 2019