Wu said it has learned that recently, feedback from multiple markets shows that the OTC price of USDT against the RMB is lower than the USD/RMB exchange rate—a phenomenon known as "price inversion." OTC quotes from multiple exchanges show 1 USDT ≈ 7 RMB, while the current exchange rate shows 1 USD = 7.07 RMB.
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Wu said it has learned that recently, feedback from multiple markets shows that the OTC price of USDT against the RMB is lower than the USD/RMB exchange rate—a phenomenon known as "price inversion." OTC quotes from multiple exchanges show 1 USDT ≈ 7 RMB, while the current exchange rate shows 1 USD = 7.07 RMB.