https://www.theguardian.com/technology/2022/may/16/stablecoin-tether-redeemed-crypto-crisis-terra > Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch > Digital investors have withdrawn savings in the “stablecoin” tether worth $7.6bn (£6.2bn) since the cryptocurrency crisis began last week, suggesting the company has paid out a sum almost twice its total cash holdings to spooked depositors.