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No matter if it is a scam or not, at the end it worked. Similar to banks which don't have enough capital. Now Tether owns tons of money, and can buy treasuries
by rvnx 3y ago
No matter if it is a scam or not, at the end it worked. Similar to banks which don't have enough capital.
Now Tether owns tons of money, and can buy treasuries that bring few % of interests, and these interests are not paid back to USDT holders.
As a result, overtime, they'll be able to fill-in any potential gaps or money accidentally lost.
- teh_infallible 3y agoImpressive, isn’t it? They bootstrapped a stablecoin! Edit: spelling