If you could borrow enough USDT though, you could still break the peg without transacting with Tether directly: - borrow a ton of USDT - trade it for USD on e

If you could borrow enough USDT though, you could still break the peg without transacting with Tether directly: - borrow a ton of USDT - trade it for USD on exchanges, eating away at organic demand as well as the reserves used to keep the peg - eventually (presumably) the peg will break and the price will collapse, and you can buy back the USDT for cheap to repay the loan The trouble is getting that USDT-denominated loan, though.