Hacker News Reader

Nah you can also redeem 1 USDT for some Evergrande debt as well

Whoever got to offload their Evergrande debt for USDT sure was lucky! That trade have made Tether some friends in high places.

They said 1 USDT is tethered to 1 USD. They didn't tell you if it was positive 1 USD or negative 1 USD.