> So I don't think Tether or any other 'stablecoins', or any of the exchanges propel Bitcoin or Ethereum values directly.

ya just don't get it!

BTC like *everything* is subject to the laws of supply and demand. Tether *CAN* propel BTC since they can just print more tether, and then buy more BTC. In the short run this will cause a spike in the price of BTC, by supply and demand.

really anyone with enough money could do the same thing to BTC. The trick is that tether can do this even when they don't HAVE the money.... this is a short term trick, then need to get those tethers converted back, or someone to hold them.

since they can buy with no money down, then can manipultate BTC