If I had a large amount of tether, I might wonder if I could convert that to cash money. So I look at the exchange, see lots of trades being done, and conclude

If I had a large amount of tether, I might wonder if I could convert that to cash money. So I look at the exchange, see lots of trades being done, and conclude that when the day comes for me to cash out it will be possible. After all, look at all these other people cashing out with no difficulty. Allegedly. Having concluded I can cash out tomorrow, I won't try to cash out today. Which would be the point.