[charcircuit]

Yes, there are even people on HN that have reported successful redemption of tether for USD. You can ask people directly. It's not like this is a rare thing that never happens. If people weren't able to do so you would expect people to actually make claims aginst it.

[tsimionescu]

I have not seen anyone on HN ever claim to have exchanged the necessary 100K USDT for $99k or 1M+ USDT for $1M+ with Tether's parent company.

[charcircuit]

Look back to one of the Tether submissions and you will find someone who says that their company was able to do it.