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The point re: tether directly is that it doesn't matter if tether is backed 1-1 or .05-1 or .01-1 as long as people trust it as a stablecoin. The point re: the
by bpodgursky 5y ago
The point re: tether directly is that it doesn't matter if tether is backed 1-1 or .05-1 or .01-1 as long as people trust it as a stablecoin.
The point re: the ecosystem is that there are a lot of stablecoins and you can pick the one that isn't a scam. You can use crypto and not touch tether at all. There's no need to tie the ecosystem to it.