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Re:Tether Withdrawals Top $10B by frgtpsswrdlame on Tuesday May 24, 2022 @04:47PM (#31497394)
>The people behind Tether sell tethers for $1

This is the problem. I don't believe all the tethers were sold in exchange for $1. If Tether wasn't receiving $1 for every tether then everything else falls apart.

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