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Re:Tether Mints Record 2B USDT in One Week by PragmaticPulp on Wednesday January 13, 2021 @10:50PM (#25771696)
> Tether is being printed

Tether doesn't claim to "print" anything. Supposedly, Tether is 1:1 backed by actual dollars being paid in to the Tether corporation.

If Tether corporation is "printing" Tethers without having received corresponding deposits, that's the fraud.

Re:Tether Mints Record 2B USDT in One Week by sethgecko on Wednesday January 13, 2021 @10:51PM (#25771711)
Yes it is backed because when they print a new tether they sell it for 1$ which they put it in their treasury.
Re:Tether Mints Record 2B USDT in One Week by mekster on Thursday January 14, 2021 @12:32PM (#25779297)
No, people sell BTC to get Tether, in which case, what did the previous BTC owner buy if it's not backed up with USD?