>If Tether held less than $1 in assets for every $1 in circulation...there's a name for what that is... A bank. Please provide a current example of a bank with

>If Tether held less than $1 in assets for every $1 in circulation...there's a name for what that is... A bank. Please provide a current example of a bank with <$1 in assets for $1 of liabilities. I ask because if that's how you're defining a bank, that's not (I think) the usual definition.