Just after u/evelynvee posted shilling USDTea, a new stablecoin backed by Arizona Iced Tea, I went to the local supermarket to grab as many $1 cans as I could and found this! Now the stablecoin has already depegged and is soon to crash to $0. I feel bad for anybody who fell for this scam, and wonder how much u/evelynvee made off of this deal. I’m not sure the crypto economy can rebound from this now. TWO “stable” coin rugpulls?!? I’m seriously thinking of selling both of my satoshis and rebuying shib when we reach the bottom. Maybe in 10 years or so I can trade them for a doge and retire or go see a movie or something.
Edit: USDTea.io says they are out of liquidity. Rug pull imminent
submitted by /u/Mbrannon42
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