On The Brink with Castle Island cover image

Weekly Roundup 11/04/22 (Fidelity Crypto Launches, Alameda’s balance sheet, SDNY looks at Tether) (EP.368)

On The Brink with Castle Island

CHAPTER

Tether

Tether had less of a drawdown more recently as rates rose than USDC, right? USDC holders tend to be firms that can sort of cross the veil back into the traditional financial system. There is a cold war developing between the US and China. You're not going to have porosity between those two markets.

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