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They can redeem, but not necessarily in dollars. The terms of service specifically give Tether the option of redeeming in basically whatever they want. Also, I
by user-the-name 5y ago
They can redeem, but not necessarily in dollars. The terms of service specifically give Tether the option of redeeming in basically whatever they want.
Also, I say "they can", but we have zero proof of this ever happening.
- FireBeyond 5y agoIndeed, people have posted bounties for anyone willing to come forth with evidence that they have redeemed Tether for USD. No-one has claimed them (and, IIRC, some are in the order of $5K USD, so not too trivial).