# Tether

# Notes

## 2022-05-22

Tether seeing over $10bn in redemption and may need recapitalization

https://www.kalzumeus.com/2022/05/20/tether-required-recapitalization/

https://www.theguardian.com/technology/2022/may/22/tether-pays-out-10bn-in-withdrawal-since-crypto-crash

## 2021-07-21

https://twitter.com/patio11/status/1417912777922936836

> Tether/Bitfinex did an interview with CNBC attempting to quell fears that it is among the largest frauds in history, calling it “the perfect use case for digital commerce” and “the future of digital commerce.”

https://twitter.com/matt_levine/status/1417919850899509252?s=20&t=5Zsz71gwmwRUSDsQER2ZAQ