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The U.S. government insures its own currency using its own currency or security. Tether can’t do that without hurting the stability guarantee.
by christopherwxyz 5y ago
The U.S. government insures its own currency using its own currency or security.
Tether can’t do that without hurting the stability guarantee.
- bpodgursky 5y agoTether can absolutely insure its own currency by printing more Tether as needed -- it's identical to what the US government will do to protect bank deposits, by printing more dollars!