3 ms·
Ha. This would be the equivalent of betting against the US dollar by buying treasury bonds. I doubt the solvency of any single exchange or crypto institution
by parkingrift 4y ago
Ha. This would be the equivalent of betting against the US dollar by buying treasury bonds. I doubt the solvency of any single exchange or crypto institution if there is a true run on Tether. No one who believes that Tether is a scam would risk making that bit by leveraging another loosely regulated stable coin.
- everfree 4y agoMany other popular asset-backed stables aren't loosely regulated like Tether. They are often regulated by NYSDFS.