The Inexplicable Thing About Tether

There's this question of, how risky are these treasuries, these big tools, being with their capital allocation? If you get caught out and you need to redeem that, like you're going to show loss s, you found yourself in a in asolvency crisis at a time when you didn't anticipate it. And i just think that strains the bounds of at a certain point. One of the most striking things about tether to me is the incentive to go out and find higher yields.