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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 graeme on Saturday April 17, 2021 @08:18AM (#26843711)
You realize someone holds all of the Tether outstanding at all timed, correct? It doesn’t just vanish.

Further, there are many sites paying 12+% interest for people willing to deposit their Tether. This serves as an incentive for people to keep money in Tether rather than BTC/ETH or fiat.

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Re:55% of all Tether, $25B, were created in 2021 by nikanj on Saturday April 17, 2021 @10:14AM (#26844420)
Someone still holds all of the CryptoKitties. It doesn't mean they've got any value left.
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