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Bank accounts are FDIC insured up to 250k, coinbase/tether/etc are not.
by soared 4y ago
Bank accounts are FDIC insured up to 250k, coinbase/tether/etc are not.
- mkr-hn 4y agoAlso: the banks were expected to and did pay it back collectively, with profit.[0] I don't see how Tether could do that if it turns out the fundamentals are bogus. [0] https://projects.propublica.org/bailout/ https://projects.propublica.org/bailout/