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But does it matter if Tether is 1-1 backed (or any of your other points) if what the customers deposited is those things? As in, Binance hasn't failed if USDT
by fastball 4y ago
But does it matter if Tether is 1-1 backed (or any of your other points) if what the customers deposited is those things?
As in, Binance hasn't failed if USDT goes to zero but you're still able to withdraw that Tether you have in Binance.
- batiudrami 4y agoDepends if they used any of that money to make any other crypto bets to improve profitability. That’s what gets you.