What if Tether (the organization) has been buying buying Bitcoin, and for some reason Tether imploding doesn't cause a crash in BTC? It's entirely possible Tet

What if Tether (the organization) has been buying buying Bitcoin, and for some reason Tether imploding doesn't cause a crash in BTC? It's entirely possible Tether actually have collateral worth more than their claimed 1:1 peg NAV. The 1:1 peg is arbitrary and since they don't allow direct redemptions they could easily pull a stunt like repricing it to $1.50