https://en.wikipedia.org/wiki/Lysenkoism
I highly doubt Tether has embezzled 100% of their assets.
>...holding a fraction of deposited money as reserves... US banks haven't had reserve requirements since March 2020. https://www.federalreserve.gov/monetarypolicy/reservereq.htm
https://en.wikipedia.org/wiki/Lysenkoism
I highly doubt Tether has embezzled 100% of their assets.
>...holding a fraction of deposited money as reserves... US banks haven't had reserve requirements since March 2020. https://www.federalreserve.gov/monetarypolicy/reservereq.htm