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The digital asset market is often clouded by a fundamental misunderstanding of the products we use daily. Recently, during a discussion on an X Space hosted by members of a Chinese crypto community, a guest speaker passionately argued that Tether (CRYPTO: USDT) holders are entitled to a share of the interest generated by Tether Limited’s massive reserves. This sentiment is growing, fueled by a desire for passive income in a volatile market. However, this perspective represents a dangerous conflation of financial concepts. We must be clear: 1 USDT is equivalent to $1 USD in terms of purchasing power within the ecosystem, but it is fundamentally not the same as holding a US dollar in a…
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