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Re:Tether Required Recapitalization in May 2022 by rglullis on Friday May 20, 2022 @05:17PM (#31452624)
No. USDT undercollaterization is not my primary concern: https://news.ycombinator.com/item?id=31451820

And I wasn't comparing in terms of returns. I just pointed out that there is no real use-case for USDT that can't be served by the other tokens, including yield-farming in liquidity pools.

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