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Re:55% of all Tether, $25B, were created in 2021 by tigertigertiger on Saturday April 17, 2021 @08:03AM (#26843637)
>Dai was battle tested and proven under the worst possible scenarios

Yes and it failed horrible and resulted in 9 million dollars loss because of a design flaw:

https://blog.makerdao.com/the-market-collapse-of-march-12-20...

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