[wavepruner]

Tether is backed 1:1 with USD in traditional bank accounts. Some of it may still be seized and held by the US government, not sure if that's been resolved yet.

USDT also trades freely on open markets against USD. If USDT was being printed without USD backing then those markets would decouple.

[itodd]

[Citation needed]

[wavepruner]

It doesn't take much effort to verify these claims.

But it's not worth my time digging it up for you.

If you don't want to believe it, then don't. Doesn't make a difference to me.

[itodd]

> It doesn't take much effort to verify these claims.

Please verify your first claim and I'll admit I was wrong.