Are you suggesting is like money printer 2.0? Or maybe a crypto money printer?
Amid major #Bitcoin acquisitions by players like :strategy: Strategy, :game::stop: GameStop, and :metaplanet: MetaPlanet, :tether: Tether recently purchased 8,888 BTC. However, the move drew some criticism over a lack of on-chain transparency. In response, Tether CEO :ardoino: Paolo Ardoino publicly revealed the transaction address.
You can now track it here: https://mempool.space/tx/f6cdfd459b4b4357700f3cabba92d278b923f330fdc88877b4413b2883e4c5a8
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Discussion
I'm not suggesting this—only noting that Tether purchased an amount and made their address public. Tether does issue USDT into circulation, and if there is no evidence of reserves, it could raise similar concerns. However, this post is not about that.