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A comment on 55% of all Tether, $25B, were created in 2021. Parent comment

Re:55% of all Tether, $25B, were created in 2021 by garmaine on Saturday April 17, 2021 @07:46AM (#26843541)
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[ Parent | on HN ]
Re:55% of all Tether, $25B, were created in 2021 by anonymoushn on Saturday April 17, 2021 @07:55AM (#26843588)
How? If a USDT-denominated exchange holds a certain amount of USDT and a certain amount of other cryptocurrencies, a change in the dollar value of USDT won't make them unable to make customers whole.
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