News for hackers. Stuff that matters.
Re:Tether is now the 17th largest holder of US debt by tos1 on Wednesday October 29, 2025 @12:14PM (#45748902)
As with any good (and especially "currency"), it's only worth 1 USD as long as somebody (including the issuing company) is willing to give you 1 USD for it. Even if it is "linked", "pegged" or called something else.
Re:Tether is now the 17th largest holder of US debt by tock on Wednesday October 29, 2025 @12:17PM (#45748949)
I mean sure. Your logic applies to plain treasury bonds as well.