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A comment on Tether USDT is depegging from dollar. Parent comment

Re:Tether USDT is depegging from dollar by AccountAccount1 on Thursday November 10, 2022 @08:17AM (#33545932)
> FTX just imploded because they didn't realize this simple fact.

They fully knew this. There is no business in keeping USD in USD (or US bonds for that matter.)

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Re:Tether USDT is depegging from dollar by Bubble_Pop_22 on Thursday November 10, 2022 @08:55AM (#33546409)
Trading fees when your volume is billions? Nothing? Also what about IPO so that you can exit and enjoy 500M-1B of real net worth?

1 real billion > 20 make believe

[ Parent | on HN ]