They don't claim to be fully backed. | Hacker News

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		whimsicalism on May 12, 2022 \| parent \| context \| favorite \| on: Tether starting to lose its peg too, after Terra d... They don't claim to be fully backed.

gitgud on May 13, 2022 [–]

I'm saying it's likely they only have a tiny fraction of backing, the GP was saying they would be surprised if it wasn't at least 50% backed.

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