there's no bank run bc you can't cash out to USD except on Kraken
and in order to do that on Kraken, you must comply with stringent AML/KYC requirements - which is what people sought to avoid by using USDT in the first place.
Why Tether’s latest statement about its auditor is complete BS
there's no bank run bc you can't cash out to USD except on Kraken
and in order to do that on Kraken, you must comply with stringent AML/KYC requirements - which is what people sought to avoid by using USDT in the first place.