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But we saved everything 🙂.
Tether was launched in 2014 with the aim of allowing users to avoid fiat on-off ramps and remain within crypto rail, according to Mark Moss. Moss also points out that Tether's white paper and descriptions highlighted advantages over traditional fiat banking, specifically mentioning the ability for users to transact in USD value pseudonymously.
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Moss has previously commented on the appeal of high fixed income returns, describing a 15% yield as attractive but not suitable for everyone. He has also tracked increases in Bitcoin network usage alongside modest price recoveries. These observations provide context for Moss's ongoing analysis of digital asset infrastructure and user behavior.