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Buygold 13:21, trauma to banking system.

Posted by ferrett @ 15:02 on February 5, 2026  

Tether is used to facilitate crypto transactions. People buy tether to transact and then sell it afterwards. It is fully backed by UST, gold and bitcoin (haha). If people stopped using it, and redeemed all their tether for cash then it would cause a sell-off of $150bn of  three month UST. And maybe $17bn of gold and $6bn of bitcoin.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.