A billion every 3-4 days. An exact billion. Let me guess, does it have something to do with the audit that is on going?
This is a now deleted rare CNBC interview with Paolo, from 2021 July. The possible reason for the deletion is Paolo mentioning working with Alameda:
Everyone who uses and supported Tether deserves to get burned. As much as I want to purchase more ETH today, I am sitting on the sidelines to see how this powder-keg with Tether plays out. Better opportunities may come shortly.
I own over 50K Tether USDT right now. I can easily swap to USDC or BUSD or any other stablecoin for very little cost I deserve to get burned if Tether fails I choose Tether as my stablecoin