Insolvency would be a better metaphor than fractional reserve. But I'm guessing* Tether doesn't actually offer to settle up in any reserve currency. *I think i

Insolvency would be a better metaphor than fractional reserve. But I'm guessing* Tether doesn't actually offer to settle up in any reserve currency. *I think it's a pretty good guess, based on the fact that Tether is still in business.