News for hackers. Stuff that matters.

A comment on Tether minted most USDT to just 2 firms – Alameda and Cumberland. Parent comment

Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by IncRnd on Thursday August 12, 2021 @03:58PM (#28160737)
It might be a pretty good use case but only until there is a run on Tether.
[ Parent | on HN ]
Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by xtracto on Thursday August 12, 2021 @04:26PM (#28160997)
I don't believe in Tether. I use other stablecoins (mainly DAI and USDC). And also, that's why you diversify your portfolio: All assets have risks.
[ Parent | on HN ]