Re:Tether Withdrawals Top $10B
by astrange on Tuesday May 24, 2022 @04:57AM
(#31489644)
1 USDT has been less than $1 ($.998) for the last two weeks on coinmarketcap.
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sure. but that's immaterial to the discussion here.
No, it's not. Because that could be a possible motivation for tether to remove supply, to artificially increase the price again, to get close to peg. And as far as I understand, nothing in Tether is transparent, so I'm not sure if they can't just destroy their own tokens without someone being sure that this is happening.