They did handle several billion in redemptions without any hiccups when Luna collapsed. But then again, everyone knows that if Tether blows up, every single cr

They did handle several billion in redemptions without any hiccups when Luna collapsed. But then again, everyone knows that if Tether blows up, every single crypto entity collapses. If Tether had a hole of a few billion, other entities might have stepped in. Will they do so again? Hard to tell. Regardless, Tether is a ticking time bomb. It would be a fantastic business if they did indeed have all that money. 70B in depsoits. Even in safe short-term t-bills, that's a crap load of risk-free interest income for basically doing nothing.