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A comment on Tether Critical Announcement. Parent comment

Re:Tether Critical Announcement by rtpg on Monday November 20, 2017 @11:37PM (#15745558)
Well if you can take your USDT and buy BTC elsewhere, and then turn those to USD through whatever means it works well for you.

My bet is that exchanges are holding a lot of these, and they're a bit bought in to Bitfinex not falling over...

[ Parent | on HN ]
Re:Tether Critical Announcement by joosters on Tuesday November 21, 2017 @06:08AM (#15747122)
Exchanges don't hold the tether, their customers do. If/when tether falls over, the exchanges won't be the ones taking the hit.
[ Parent | on HN ]