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by cormacrelf 1488 days ago
I'm not going to do the job of Tether's accountants. There is no compelling reason to hold it given this risk. Nevertheless people do, and the reason is what I said + they additionally believe the claims about it being redeemable 1:1 for USD + it's easier to buy and sell crypto with it than actual USD.
1 comments

>* There is no compelling reason to hold it given this risk.*

Sounds like we're on the same page :)