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dsjegkl

Re:$1M bounty for details on Tether’s backing on Tuesday October 19, 2021 @08:02PM (#28925267)
I highly doubt Tether has embezzled 100% of their assets.
Re:$1M bounty for details on Tether’s backing on Tuesday October 19, 2021 @07:17PM (#28924934)
>...holding a fraction of deposited money as reserves...

US banks haven't had reserve requirements since March 2020.

https://www.federalreserve.gov/monetarypolicy/reservereq.htm