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All they have proven is that 1 USDT >= $0.1 USD. When the bank run really gets going, we will see just what fraction of the money they actually have.
by cycrutchfield 4y ago
All they have proven is that 1 USDT >= $0.1 USD. When the bank run really gets going, we will see just what fraction of the money they actually have.
- cowvin 4y agoWell technically they proved that that WAS true. We don't know how much money they have backing it now after spending $8B.