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spullara
on May 24, 2022
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Tether Withdrawals Top $10B
Isn't the point of a stable coin is that it is always worth $1 each? So market cap is a valuation of $1 * total coins has gone down by $10B. So that means 10B coins were redeemed.
__turbobrew__
on May 24, 2022
[–]
Only if the stablecoin operator isn’t lying about the backing.
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