So the progression thus far as I see it has been: * Every 1 USDT is backed by exactly 1 USD * Ignore the haters, it's 1:1, we promise! * Ok well it's 1:1 cas

So the progression thus far as I see it has been: * Every 1 USDT is backed by exactly 1 USD * Ignore the haters, it's 1:1, we promise! * Ok well it's 1:1 cash equivalents but that's just as good! * Ok that includes commercial paper, but live a little! To the moooon! * Ok so it's strayed a bit and now is not exactly backed 1:1, but it's only 2.5 cents out, come on that's barely anything I wonder what the next stage will be.