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A comment on UST “Stablecoin” at $.43. Parent comment

Re:UST “Stablecoin” at $.43 by samtho on Wednesday May 11, 2022 @04:09AM (#31337163)
One reason is so you can covert value into a stable asset during market downturns.
[ Parent | on HN ]
Re:UST “Stablecoin” at $.43 by sgt101 on Wednesday May 11, 2022 @05:29AM (#31337623)
What if everyone decides to do that?

What if 10% of the people decide to do that?

What if it turns out that the number of $$$ that Tether actually has is much smaller than the number they imply that they have?

[ Parent | on HN ]