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> and buy USDT thinking they are buying USD not realizing they are buying tethers

There are people buying $450M of USDT thinking that it's actually dollars? And just in the last round?

Let's think about how many people, and what average transaction $$:

  1M people   @ $450
  100K people @ $4500
  10K people  @ $450K
Which of those is most plausible? That's a lot of suckers, no matter which choice. And remember that's just the last round, there's nx$1B out there already.

It sounds implausible really.



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