Bitfinex making new utility coin

https://cointelegraph.com/news/bitfinex-crypto-exchange-to-debut-new-exchange-utility-token/amp

There seems to be a flood of these utility tokens / usd par. I find it a bit suspicious and curious what you think? Is this new token a good investment when we already have tether, usd coin, trueusd, and Gemini dollar....

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