. @bitfinex is able to raise 1b USDt in 10 days, in a private sale. Private companies, giants in our industry and outside, made investments for > 100m each. A legion of inside and outside users made investments for > 1m each.
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100m of what? You forgot $ sign.
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Are you saying 1 billion USDt of existing issuance was raised? That would mean 50% of circulating USDt supply will be converting to LEO. Or is this new issuance that will be created via Tether?
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No, I'm saying that people also could invest via dollars sending to Bitfinex, not just USDt. They could also sell crypto for either USDt or USD to participate to LEO sale. I think it has been misleading (I apologize for that) using only USDt term.
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