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Tether will only redeem amounts of $100k or more. The vast majority of people get out of USDT by selling it on the market. Depending on how many people want to
by jallen_dot_dev 4y ago
Tether will only redeem amounts of $100k or more. The vast majority of people get out of USDT by selling it on the market.
Depending on how many people want to sell, how quickly they want to, and how many market makers are willing/able to arb it back up to $1.00, you might just take $0.99 instead.