The interesting thing I learnt from this talk is that it doesn’t matter that #Tether has full backing of the #USDT supply with fiat assets. If the U.S. government default on its debt, US treasuries will be worthless and so the value of USDT will go down with it. If you want to hold #stablecoins, it’s better to hold a #stablecoin that is overcollateralized with a blue chip #crypto.