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0 pointsrtpg8y ago0 comments

Well if you can take your USDT and buy BTC elsewhere, and then turn those to USD through whatever means it works well for you.

My bet is that exchanges are holding a lot of these, and they're a bit bought in to Bitfinex not falling over...

0 comments

Exchanges don't hold the tether, their customers do. If/when tether falls over, the exchanges won't be the ones taking the hit.

j / k navigate · click thread line to collapse

0 pointsrtpg8y ago0 comments

Well if you can take your USDT and buy BTC elsewhere, and then turn those to USD through whatever means it works well for you.

My bet is that exchanges are holding a lot of these, and they're a bit bought in to Bitfinex not falling over...

Exchanges don't hold the tether, their customers do. If/when tether falls over, the exchanges won't be the ones taking the hit.

j / k navigate · click thread line to collapse