> unless they are incredibly greedy That's the crux of it, isn't it? A lot of people think that they are greedy. Also, most tethers were created in 2020, when

> unless they are incredibly greedy That's the crux of it, isn't it? A lot of people think that they are greedy. Also, most tethers were created in 2020, when short term treasuries we're yielding nothing. Which made the incentive to "cheat" much higher than with the present rates.