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No, no, it's stable coin. You see 1 USDT will always be 1 USDT. That is what stable coin means and is doesn't it? That is you can always redeem one USDT for one USDT(terms and conditions might apply)...


Nah you can also redeem 1 USDT for some Evergrande debt as well


Whoever got to offload their Evergrande debt for USDT sure was lucky! That trade have made Tether some friends in high places.


They said 1 USDT is tethered to 1 USD. They didn't tell you if it was positive 1 USD or negative 1 USD.




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