Re:Tether Required Recapitalization in May 2022
by alasdair_ on Friday May 20, 2022 @02:23PM
(#31450854)
>whereas Tether is mostly backed
I've not seem credible proof that Tether has even 50% backing, especially 50% backing in uncorrelated assets (since if the holdings are in other crypto, those holdings will likely all take a dive when Tether does).
I've not seem credible proof that Tether has even 50% backing, especially 50% backing in uncorrelated assets (since if the holdings are in other crypto, those holdings will likely all take a dive when Tether does).