The Contagion Risk of Cryptocurrency

Tether's asset composition that we know of now is substantially worse than what we imagined years o. And there's still the risk, based on the fact that bloomberg reports they've got in target letters for bank fraud. That's a really substantial thing that would fundamentally change the liquidity and the faith in the system as a whole. Which is why it's so important that you're going to have an eco system based on stable coins, that they are well behaved and trustworthy.