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A comment on Tether ordered to produce documents showing backing of USDT [pdf]. Parent comment

Re:Tether ordered to produce documents showing backing of US... by dereg on Wednesday September 21, 2022 @08:10PM (#32933299)
> We would only see this on a massive sell off when Tether can't prop up the price fast enough with their reserves (by buying USDT with USD). This almost happened on May 11 of 2022.

This did not almost happen. Do you enjoy writing fiction?

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