Comment on The Tether Conundrum: a look into a suspicious cryptocurrencyparentComments−take48yThey could be printing tether when BTC collapses to allow themselves to buy more BTC to try to pump it back up. This would make it in essence backed by BTC since it's what they are holding.
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They could be printing tether when BTC collapses to allow themselves to buy more BTC to try to pump it back up. This would make it in essence backed by BTC since it's what they are holding.