Re:Tether Withdrawals Top $10B
by sbf501 on Tuesday May 24, 2022 @06:51PM
(#31498483)
I read that selling off commercial paper can impact just about everything because it is used extensively between banks. I don't quite understand it, but apparently this is how crypto came to impact the stability of other markets; through buying and selling huge amounts of commercial paper and impacting its price. I'd like to understand that better, if anyone feels like writing an ELI5.
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