That's not really true. The amount of redemptions needed to restore the peg is capped at the size of their reserves, and in reality is probably a lot less. I t

That's not really true. The amount of redemptions needed to restore the peg is capped at the size of their reserves, and in reality is probably a lot less. I think a lot of commenters get confused about why big crypto firms don't defend the peg more aggressively. The reason is that defending the peg less aggressively is more profitable.