Tether can handle a minor bank run better than your Wells Fargo checking account.
cc: @paoloardoino
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RT @sethamin
We went from:
Tether is completely unbacked & prints at will to pump the entire crypto market because there is no liquidity
To:
Tether redeemed $9 billion in 48 hours with no problems & this is bad because, uh, they were partially backed I guess? But they're about to run out!
https://twitter.com/sethamin/status/1527356349872427010
Bitcoin Maston Instance