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If you have a bitfinex account you can redeem the tethers for dollars at a 1:1 rate still and this would burn the tether reducing the supply. Not all countries
by vmception 6y ago
If you have a bitfinex account you can redeem the tethers for dollars at a 1:1 rate still and this would burn the tether reducing the supply.
Not all countries like US can get an account there or use fiat so I wouldnt know if the redemption mechanism is currently working or not