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Sam Bankman-Fried and Matt Levine on How the Crypto Market Really Works

Odd Lots

CHAPTER

The Tether Dilemma: Stability or Speculation?

This chapter explores the complexities and public perception of Tether, a major stablecoin in the cryptocurrency market, including concerns over its financial backing and public relations. The conversation examines the potential fallout of Tether's decline on the broader crypto ecosystem and discusses trading strategies and market dynamics related to Tether futures. Additionally, the chapter reflects on the evolving landscape of cryptocurrency exchanges and the implications of centralizing financial services.

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