The key words in the article is the "if" part, "If it’s a trustworthy actor and does in fact maintain that buy wall".
There's a very, very, very large difference between an issuer that actually "holds all of the dollars from those sales in reserve in a bank account" and an issuer that only makes unaudited claims that they do so, like Tether. In the absence of reasonably expected evidence, you should assume that such claims may not be true.
There's a very, very, very large difference between an issuer that actually "holds all of the dollars from those sales in reserve in a bank account" and an issuer that only makes unaudited claims that they do so, like Tether. In the absence of reasonably expected evidence, you should assume that such claims may not be true.