5 ms·

I don't think I need to explain how risky it is to buy subprime commercial paper denominated in non-US currency to back up your USD reserves. It's not like Ever

by boc 5y ago

I don't think I need to explain how risky it is to buy subprime commercial paper denominated in non-US currency to back up your USD reserves. It's not like Evergrande is teetering on the verge of a massive default or anything...

tata71 5y ago
"...but you have heard of me." Anyway, I agree with you, and hope Tether goes away soon.