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> Did Citibank claim that its value was one-to-one backed with U.S. dollar reserves until they were caught not doing so? If not, they're probably not a relevant
by jpmattia 4y ago
> Did Citibank claim that its value was one-to-one backed with U.S. dollar reserves until they were caught not doing so?
If not, they're probably not a relevant comparison to Tether.
I'm not getting what you're saying here: They should make good on their initial message from several years ago? They should now keep all assets in dollars and not earn interest?
- bpt3 4y ago> They should make good on their initial message from several years ago? Yes. > They should now keep all assets in dollars and not earn interest? Since that was how they initially generated interest in the asset, yes.