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A comment on Tether Withdrawals Top $10B. Parent comment

Re:Tether Withdrawals Top $10B by kravvall on Tuesday May 24, 2022 @06:42AM (#31490314)
Nobody, not even tether claims that tether is backed 1:1 by dollars.
[ Parent | on HN ]
Re:Tether Withdrawals Top $10B by carrja99 on Tuesday May 24, 2022 @01:59PM (#31495385)
They did once, but changed their tune.

People then get all hand wavy and point at the fact banks have fractional reserves too.

[ Parent | on HN ]