As far as I can tell it has mostly issued Tethers to itself [1](as Bitfinex). Bitfinex/Tether are hoping that they can entice customers to use their platforms f

As far as I can tell it has mostly issued Tethers to itself [1](as Bitfinex). Bitfinex/Tether are hoping that they can entice customers to use their platforms for arbitrage with other exchanges such that they can cream off a healthy margin without actually holding much currency themselves. [1] https://medium.com/@bitfinexed/spoiler-alert-the-institution-buying-tethers-is-bitfinex-themselves-f56af29ce60c https://medium.com/@bitfinexed/spoiler-alert-the-institution...