And yet we're lead to believe that Tether is at or very close to 1:1.
So Tether is depositing, USD, $6.5B A WEEK. Over the last year this would make them one of the richest entities in the world.
Oh wait, they haven't actually been audited, they won't tell anyone which institution/s actually hold this trove of funds, they've already lost more than a billion to people to who effectively said "yeah, we're not giving you back the money you gave us", and they're fighting and delaying multiple investigations and prosecutions of financial crimes.
Perhaps when Tether's USD holding exceed even Apple's (which, according to you, is less than a year away, at the absolute max), you'll realize that this is all a house of cards.
