> This article says they had $10 billion redemptions in May This is only impressive if they actually had $10B of cash and equivalents to return/liquidate in th

> This article says they had $10 billion redemptions in May This is only impressive if they actually had $10B of cash and equivalents to return/liquidate in that period. Of course the accusation is that Tether is largely unbacked, and so redeeming $10B of nothing is a lot less impressive.