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A comment on Tether reserves backed by 2.9% cash.

Re:Tether reserves backed by 2.9% cash by al3xandre on Friday May 14, 2021 @07:27AM (#27153071)
After some research, it is possible to short Tether for roughly 15% borrowing fee per year.

Who is with me ?

[ Parent | on HN ]
Re:Tether reserves backed by 2.9% cash by raducu on Friday May 14, 2021 @07:42AM (#27153148)
Careful, your loan will become "comercial paper" and back more tethers.
[ Parent | on HN ]
Re:Tether reserves backed by 2.9% cash by 35fbe7d3d5b9 on Friday May 14, 2021 @01:42PM (#27157274)
When you encounter a pump and dump the worst thing you can do is go long. The next worst thing you can do is go short.
[ Parent | on HN ]