In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.
Source: Coindesk
Original Post: Tether Floods Into Kraken Exchange, Where Crypto Traders Can Get Dollars

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In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.
Source: Coindesk
Original Post: Tether Floods Into Kraken Exchange, Where Crypto Traders Can Get Dollars