If you take fast glance at
Tether Rich List, you will see who are the biggest creditors:
| Balance(USDT) | Remark |
| 335,068,326 | Binance |
| 293,361,358 | Bittrex |
| 230,960,153 | Tether Treasury |
| 226,752,797 | Huobi |
| 159,111,273 | Huobi |
| 153,761,528 | Binance |
| 148,519,471 | OKEx |
| 125,427,504 | Bitfinex |
| 220,000,000 | Poloniex |
As we can see,
Binance, Bittrex and Huobi are the biggests creditors of Tether. And Binance is the biggest of them all.
Wow this is shocking to me. How come this exchanges are so invested in this "Tether" company? Who would exchange $1 for worthless 1 Tether? How this started? I must read about this a lot i see.
Many times "Tether" thing came across to me through reddit or other means but i never dig into it.
It seems as it could be reason for catastrophic events.