"This is weird but IDK why Tether's bank doing this leads to the conclusion that Tether is too. In fact it would be kind of gratuitous. A more likely flow is: 1. Tether mints. 2. Tether buys BTC. 3. Customer buys BTC from them with $/¥. 4. Those become reserves."

on
"This is weird but IDK why Tether's bank doing this leads to the conclusion that Tether is too. In fact it would be kind of gratuitous. A more likely flow is: 1. Tether mints. 2. Tether buys BTC. 3. Customer buys BTC from them with $/¥. 4. Those become reserves." submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/kxlilg/this_is_weird_but_idk_why_tethers_bank_doing_this/

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