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I'm personally looking forward to see if tether comes out of this with a hole in their books, due to common suspicion they hold a ton of Chinese commercial pape

I'm personally looking forward to see if tether comes out of this with a hole in their books, due to common suspicion they hold a ton of Chinese commercial paper.

AlexandrB 5y ago
Even if they do, does it matter? Everyone already seems to be ok with Tether lying about the backing of USDT. I don't expect USDT holders to decide to sell based on loss of value in the assets backing USDT. Especially when Tether is so opaque that's it's hard to know what the real impact might be.
- riffraff 5y ago
  Eh, I don't know. I am convinced cartoon gravity will keep tether afloat, but it would be interesting to see!
- baq 5y ago
  in a game of musical chairs everybody is having fun while the music is playing.
loeg 5y ago
Would anyone notice? As long as they can continue paying redemptions they could hide a hole for a long time; it wouldn't be the first time.