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Comment by onlyrealcuzzo

IIUC, it's quite easy in Argentina to convert pesos to dollars and store them in an Argentine bank with a US correspondent bank - ditto for Euros and Yen.

There are many downsides to Tether. Why is it worth the risk in comparison?

Additionally, there's simply not enough money in Tether compared to the $80B to talk about. It's a distraction.

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