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by darawk 3064 days ago
You is anyone. You can go open an account right now and do it.
2 comments
FireBeyond 3064 days ago
Other than US persons.

And you are required to deposit a minimum of $10,000 USD fiat.

And you are required to wait 3 months for verification.

So, sure, go ahead and do it "right now", subject to those caveats.

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PeterisP 3064 days ago
Not if you're an "U.S. Person".
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darawk 3064 days ago
Yes, but that's irrelevant. The fact that some groups of people can arbitrage the price of tether against USD means they ought to be equivalent.
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jey 3064 days ago
This is only true if there really is a USD for every USDT out there in the market. If it turns out to be a fake, the whole thing comes crashing down and becomes unpegged as soon as growth stops, i.e. as soon as we run out of "greater fools" to keep supplying sufficient inflow of USD for everyone that's trying to cash out.
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