i'm no expert on such matters, but it seems like 14% of the assets listed in that last graphic are subject to possibly significant variability. I wonder if that means that the tether coin, if the SHTF, would possibly be subject to a 14% decline.
So basically tether is just another crypto wildcat bank and we can clearly the correlation of the minting of tethers the last few weeks to the recent run up in bitcoin prices?
What are the chances that FTX/Alameda took out loans from Tether but tether can't put in a claim in the bankruptcy because it will show they are not solvent? Shouldn't we have seen some more evidence of Tether's loan operations in any of these bankruptcies? Even if the loan agreements are handshake deals there should be some flows of funds that we find in the bankruptcy that show evidence of this right?
Like why haven't any of the overseers of the various bankruptcies put claims in on tether if they are holding funds that would be included in the bankruptcy?
i'm no expert on such matters, but it seems like 14% of the assets listed in that last graphic are subject to possibly significant variability. I wonder if that means that the tether coin, if the SHTF, would possibly be subject to a 14% decline.
I keep wondering if the higher for longer US Treasury rates are going to provide enough interest income to paper over their losses.
So basically tether is just another crypto wildcat bank and we can clearly the correlation of the minting of tethers the last few weeks to the recent run up in bitcoin prices?
What are the chances that FTX/Alameda took out loans from Tether but tether can't put in a claim in the bankruptcy because it will show they are not solvent? Shouldn't we have seen some more evidence of Tether's loan operations in any of these bankruptcies? Even if the loan agreements are handshake deals there should be some flows of funds that we find in the bankruptcy that show evidence of this right?
Like why haven't any of the overseers of the various bankruptcies put claims in on tether if they are holding funds that would be included in the bankruptcy?