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by onlyrealcuzzo 1855 days ago
The evidence is that - by their own numbers - they would've needed to buy 1% of all commercial paper in existence in a one month period.

It just didn't happen.

I will add that the problem is roughly 2x worse. Tether is only ~60% of the stablecoin market: https://coinmarketcap.com/view/stablecoin/