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> So they issue 11million unbacked USDT and use it to buy bitcoin. Who is selling them BTC for USDT apart from a few daytraders? Where is the sink of 2.8 billi

by seppel 8y ago

> So they issue 11million unbacked USDT and use it to buy bitcoin. Who is selling them BTC for USDT apart from a few daytraders? Where is the sink of 2.8 billion USDT?