All of the things that tether holds as cash are repo-able for cash on the repo market. On tether are people worried about this conversation … Tether: we go ba

All of the things that tether holds as cash are repo-able for cash on the repo market. On tether are people worried about this conversation … Tether: we go back so long jp, here’s some more junk bonds . You like this collateral JPMorgan: we are not interested in taking it anymore . Liquid on the run or mbs. We may be friends but we are friendly in the federal funds market, not repo . Post collateral or I’ll Kill your operation and shut you out of repo. Tether: but fed put! ‘’’ Cause I don’t think it ever happens