<story><title>Coinbase outages</title><url>https://coinbase.com/</url></story><parent_chain><item><author>Mizza</author><text>Shaaaaady.&lt;p&gt;The NYGA report on Tether is due today. Tether is completely insolvent, and once the rug is pulled, all of the exchanges are going to realize that all of their &amp;quot;stable&amp;quot; reserves are worthless and they can&amp;#x27;t pay out what they&amp;#x27;re storing for customers, and the price will tumble all the way down as there&amp;#x27;s a run on the pseudo-banks that can&amp;#x27;t payout.&lt;p&gt;Or not, what do I know.</text></item></parent_chain><comment><author>idiotsecant</author><text>I&amp;#x27;ve been hearing the same thing about tether for about half a decade now.&lt;p&gt;We all know it&amp;#x27;s insolvent. Apparently it doesn&amp;#x27;t matter.</text></comment>
<story><title>Coinbase outages</title><url>https://coinbase.com/</url></story><parent_chain><item><author>Mizza</author><text>Shaaaaady.&lt;p&gt;The NYGA report on Tether is due today. Tether is completely insolvent, and once the rug is pulled, all of the exchanges are going to realize that all of their &amp;quot;stable&amp;quot; reserves are worthless and they can&amp;#x27;t pay out what they&amp;#x27;re storing for customers, and the price will tumble all the way down as there&amp;#x27;s a run on the pseudo-banks that can&amp;#x27;t payout.&lt;p&gt;Or not, what do I know.</text></item></parent_chain><comment><author>dudus</author><text>I did notice they stopped printing some time this week after months adding billions of dollars. For anyone curious you can easily see tether printing by checking at USDT market cap increase.</text></comment>