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christopherwxyz
on Oct 15, 2021
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CFTC Orders Tether and Bitfinex to Pay Fines Total...
The U.S. government insures its own currency using its own currency or security.
Tether can’t do that without hurting the stability guarantee.
bpodgursky
on Oct 15, 2021
[–]
Tether can absolutely insure its own currency by printing more Tether as needed -- it's identical to what the US government will do to protect bank deposits, by printing more dollars!
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Tether can’t do that without hurting the stability guarantee.