3 ms·
After doing some research I agree with you. It is known that tether was buying Chinese trash paper. Read the tweet again. What they wrote is perfectly true i
by jcampbell1 4y ago
After doing some research I agree with you. It is known that tether was buying Chinese trash paper.
Read the tweet again. What they wrote is perfectly true if they rolled off 30B and are sitting on 10B of trash that needs a huge loss provision. They never say they liquidated all their CP holdings. I suspect that tweet is truthful but completely misleading.
- ceejayoz 4y ago> They never say they liquidated all their CP holdings. They do separately say that; https://tether.to/en/tether-slashes-commercial-paper-to-zero/ https://tether.to/en/tether-slashes-commercial-paper-to-zero.... (They have, of course, repeatedly lied elsewhere on that website.)