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Rabbit Hole Recap #277: Tether Stacking $4B a Year

Rabbit Hole Recap

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Tether's Impact on the Price of Bitcoin

The speakers discuss Tether's suspected role in propping up the price of Bitcoin, including the attestation that proves Tether's profit from treasury yields. They explore the consequences of a potential failure of Tether and the value of Bitcoin as a safe haven asset. They also mention the humorous exchange about a math calculation regarding the value of Bitcoin on Tether's balance sheet.

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