[gamblor956]

You can exchange your bank savings account for dollars (or Euro, or whatever).

Hundreds of millions of people do this every day around the world without issue, because this is a solved problem.

[teknopurge]

Everyone cannot actually withdraw their balance to fiat all at once - this would be a bank run and wouldn't actually be allowed to occur.

[gamblor956]

True, but you can actually withdraw your balance.

You cannot withdraw your Tether balance. They literally do not allow that. The best you can do is get an intermediary coin that some places might let you change into cash or another crypto.

[spurdoman77]

As I understand tether allows direct conversions to fiat, you just need big enough amount. Also it is very easy to convert to bitcoin, which is very easy to convert to fiat.

[jki275]

You should read the article -- this is addressed in it.