Here is the secret: USD is not backed by anything, and the US can print an unlimited amount of it. That's why they have zero risk of a bank run. Tether is "bac

Here is the secret: USD is not backed by anything, and the US can print an unlimited amount of it. That's why they have zero risk of a bank run. Tether is "backed" by USD and they can't print USD, that's where the problem lies.