They do have collateral. There has never been any evidence that they don't. The peg is already re-converged. Just as it has quickly every other time this has h

They do have collateral. There has never been any evidence that they don't. The peg is already re-converged. Just as it has quickly every other time this has happened. It reconverges, unlike UST, because they actually redeem your Tether for dollars when you ask.