2min chapter

Crypto Critics' Corner cover image

Contagions and Cascading Liquidations in Cryptocurrency

Crypto Critics' Corner

CHAPTER

Is There a Place to Juice Tether's Reserves?

Tether's reserves, fairly valued, are probably less than their circulating market cap. They're finding places to do things which aren't fully legitimate so that they can get that kind of yield. And again, these are inherently huge issues if tether were to hypothetically fail for some random, who knows what reason? I mean, i guess i don't know any more. Sometimes it's a coin flip, and sometimes it is.

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