where on earth are you seeing coinbase doing $210 billion daily volume? Coinbase has only done 94 billion of volume for the month of February so far

monthly volumes by exchange: https://www.theblockcrypto.com/data/crypto-markets/spot/cryp...

I didn't say Coinbase was doing $210 billion 24h volume. I said Coinbase is reporting that Tether had $210 billion 24h volume. It's right there on the Coinbase tether page.

https://www.coinbase.com/price/tether

“Every exchange and crypto market reporting Tether volume is wrong.”

Some person on the internet, with no source to back the claim.

This isn't directly related, but you may find these interesting.

Fake volume related to a recent Tether piece in the WSJ: https://medium.com/@nic__carter/assessing-bitcoins-liquidity...

Bitwise presentation to the SEC regarding fake volume among exchanges: https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca2...

I posted my source 3 comments up.

Why would we trust that source over the exchange themselves?

My other comment here was useful with other sources showing that exchanges do fake data.

https://medium.com/@nic__carter/assessing-bitcoins-liquidity...

https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca2...

The second source uses Coinbase as the standard for accuracy and compares another exchange to it...

Yes because Coinbase is a legit exchange. It also doesnt use Tether. That doesnt mean that their data on Tether volumes is correct.

But Coinbase doesn't trade Tether. What is the point you are trying make here?