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That's correct. I'm just saying you could sell the 10 tether for dollars and put those in your bank account while you wait for the tether collapse.
by anonymoushn 5y ago
That's correct. I'm just saying you could sell the 10 tether for dollars and put those in your bank account while you wait for the tether collapse.
- paulgb 5y agoAhh, I see what you mean. That way if USDC collapses, I would lose just the amount it was over-collateralized by. If USDT completely collapses but USDC does not, I would gain the amount I was short USDT. This is more interesting. Thanks for explaining it.