Re:Tether Required Recapitalization in May 2022
by Salgat on Friday May 20, 2022 @12:21PM
(#31449518)
Exactly. It's not whether Bitfinex is able to prop it up, it's whether Bitfinex thinks Tether can be propped up without too much expense. At a certain point it no longer becomes worth propping up, and that number is very far from the current $74B market cap it's currently at.
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