Is Tether now backed by a reasonable amount of real dollars? I'm surprised to see it being used in such a serious application after years of hearing how it was

Is Tether now backed by a reasonable amount of real dollars? I'm surprised to see it being used in such a serious application after years of hearing how it was a scam. edit: looked it up, still looks like a total scam. I hope El Salvador is able to get through this without getting screwed and I guess I'll assume Strike (first time I've heard of it) is just as shady until I hear otherwise: https://coingeek.com/crypto-crime-cartel-tether-using-its-stablecoin-scam-to-exploit-el-salvador/ https://coingeek.com/crypto-crime-cartel-tether-using-its-st...