I swear there is absolutely no way that tether is fully backed. I created this thread so anyone can guess in the comments what percentage of usdt is backed by Tether’s reserves as of today and how much they backend at their max/min. You are free to say 100% today, but I refuse to believe someone will actually say 100% today, max and min.
Someday, when it collapses, the SEC will finally wake up and investigate them and we’ll discover who was the closest and finally understand who amongst us is the best price analyst(btw remember bitcoin at 100K in Q4 of 2021)
I’ll say I feel bad for whoever will loose even a cent because of tether, still I hope it doesn’t impact other good projects, or that maybe tether fakes it until they make it(stop printing 🙏)
submitted by /u/Alex0589
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