If Tether were not exchanging USDT for dollars it would be impossible to support the market prices on exchanges between Tether and other stablecoins. Kraken als

If Tether were not exchanging USDT for dollars it would be impossible to support the market prices on exchanges between Tether and other stablecoins. Kraken also has a real USD/USDT market that is quite liquid. There is no way that these could be operational and liquid if the company was not exchanging the stables for real dollars. And none of these Tether hit pieces ever attempt to explain this in the slightest. Until they do, there's not really much to see here. The explanation given in the piece is utterly transparent nonsense.