id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
jpkoning-blogspot-com-7563		Moneyness: 18 things about Tether stablecoins			.html	text/html	3153	718	80	Tether holds U.S. dollars in a traditional bank account. It issues digital blockchain-based Tethers that are convertible into those bank account dollars at a 1:1 rate. 1. According to Coin Metrics, a financial data provider, Tether is now doing around $3.3 billion per day in transfer value. 3. There is a popular theory in the cryptocurrency community that expansions in the supply of Tether are being used to manipulate the price of bitcoin. This makes Tether stablecoins an incredibly hands-off way to interact with digital U.S. dollars. So post-collapse they have become more competitive with dollars in a bank account. My question, then, is: to extend the analogy further, how is holding Tether or PayPal balances any different than, quite simply, holding US dollars in an actual bank? "how is holding Tether or PayPal balances any different than, quite simply, holding US dollars in an actual bank?"	./cache/jpkoning-blogspot-com-7563.html	./txt/jpkoning-blogspot-com-7563.txt