No, it doesn’t. Occam’s razor literally says if it walks like a duck and quacks like a duck, it’s probably a duck. Tether has admitted to being fractionally ba

No, it doesn’t. Occam’s razor literally says if it walks like a duck and quacks like a duck, it’s probably a duck. Tether has admitted to being fractionally backed. They are unaudited and the directors are ghosts. Who the hell would deposit with that type of an organization? Most people would rather just transact in fiat and for those who must have stable coins, every other stablecoin is an order of magnitude safer.