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A comment on $3B in Bitcoin was sold in a last-ditch attempt to save UST from collapse. Parent comment

Re:$3B in Bitcoin was sold in a last-ditch attempt to save U... by calbruin on Monday May 16, 2022 @12:28PM (#31399800)
It can go into a death spiral. If confidence in Tether wanes, AND Tether is holding underperforming "cash equivalents", Tether can go to zero overnight.
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