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Another interesting thing of note is that Tether made loans worth billions to Celsius with bitcoin as collateral. [1] Now, whether that's good or bad depends on
by sakopov 5y ago
Another interesting thing of note is that Tether made loans worth billions to Celsius with bitcoin as collateral. [1] Now, whether that's good or bad depends on whether you think Tether itself is a ponzi but it definitely has an colorful history.
[1] https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether https://www.bloomberg.com/news/features/2021-10-07/crypto-my...
- dustintrex 5y agoIt is, of course, complete coincidence that it would be really easy to offer 10% APY if somebody is selling you dollars for 90 cents each.