For people not following Tether has redeemed over 10 billion dollars over past couple weeks (this is their claim, I personally don't know how to verify if it's

For people not following Tether has redeemed over 10 billion dollars over past couple weeks (this is their claim, I personally don't know how to verify if it's true). Is this a move to somehow recapitalize? I'm kind of surprised they were even able to redeem 10 billion but they have to be hurting