If a run on a theoretically partially backed Tether, the initial folks trying to redeem would get fully paid out from the reserves. This would be done in an ef

If a run on a theoretically partially backed Tether, the initial folks trying to redeem would get fully paid out from the reserves. This would be done in an effort to make Tether seem stable, with the hope that people regain confidence, and not everyone tries to redeem. This continues until the reserves are depleted.