Re:US Fed Official Calls Tether a ‘Challenge’ to Financial S...
by graeme on Sunday June 27, 2021 @08:18AM
(#27650980)
The first is a solid point. I’m not sure USDT has a higher interest rate than, say, USDC.
The second actually isn’t compelling though. If you have a fraud with, say, 10% daily interest in will unwind in months. But a fraud with 10-20% annual interest will take years. Madoff kept his scheme going 20+ years.
The second actually isn’t compelling though. If you have a fraud with, say, 10% daily interest in will unwind in months. But a fraud with 10-20% annual interest will take years. Madoff kept his scheme going 20+ years.