You can’t redeem Tether — that’s a core part of the fraud, they have “banking issues” and had them for years. You can sell it on an exchange but the Tether organisation have prevented any redemption of USD from USDT for years. Anybody turning USDT into USD is selling their USDT.
Read moreWhat is Tether and how does it work?
Tether (USDT) is a blockchain-based cryptocurrency whose tokens in circulation are backed by an equivalent amount of U.S. dollars , making it a stablecoin with a price pegged to USD $1.00.
Read moreHow does Tether maintain its peg?
Tethers are redeemable and exchangeable pursuant to Tether Limited’s terms of service . The conversion rate is 1 tether USD₮ equals 1 USD.” So basically when you buy $1 worth of tether they put that $1 in a bank account to ensure you can always trade your tether back !:! with USD.
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