> this is just Tether buying up the supply to keep the peg
Buying up the supply with what?
Skeptics claim Tether isn't backed by actual dollars, so it's impossible to convert Tether for dollars.
But if Tether is buying up the supply, what are the sellers of Tether receiving in return? If they're getting dollars, then doesn't that refute the skeptics' claims?
Buying up the supply with what?
Skeptics claim Tether isn't backed by actual dollars, so it's impossible to convert Tether for dollars.
But if Tether is buying up the supply, what are the sellers of Tether receiving in return? If they're getting dollars, then doesn't that refute the skeptics' claims?