- Tether confirms what we suspected all along. They lend tethers with Bitcoin as collateral. The borrower then buys more Bitcoin and uses that as collateral to borrow more. And this repeats indefinitely. https://www.coindesk.com/business/2021/10/07/tether-has-lent-1b-to-celsius-network-report/ 109 comments btc
- Tether loaned billions of dollars to crypto companies using BTC as collateral... What could go wrong ??? https://www.coindesk.com/business/2021/10/07/tether-has-lent-1b-to-celsius-network-report/ 15 comments btc
- Tether Has Lent $1B to Celsius Network https://www.coindesk.com/business/2021/10/07/tether-has-lent-1b-to-celsius-network-report/ 56 comments cryptocurrency
Linking pages
- Stablecoin Mechanics 2: Tether-Celsius | by DataFinnovation | Oct, 2022 | Medium https://datafinnovation.medium.com/stablecoin-mechanics-2-tether-celsius-15c9ecdaaacd 150 comments
- The State of Stablecoin Risks (June 2022) – Single Lunch https://www.singlelunch.com/2022/06/14/the-state-of-stablecoin-risks-june-2022/ 89 comments
- Ben McKenzie on Tether, the potential danger at the center of the crypto economy. https://slate.com/technology/2021/10/tether-crypto-danger-ben-mckenzie.html 55 comments
- USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves https://www.coindesk.com/business/2023/05/17/tether-says-it-will-buy-bitcoin-for-stablecoin-reserves-using-realized-profits/ 39 comments
- Tether (USDT) Ventures Into Artificial Intelligence (AI) With Bitcoin (BTC) Miner Northern Data Deal to Buy Nvidia (NVDA) Chips https://www.coindesk.com/business/2023/09/21/stablecoin-issuer-tether-ventures-into-ai-with-northern-data-in-427m-nvidia-chip-splurge/ 35 comments
- Ben McKenzie on Tether, the potential danger at the center of the crypto economy. https://slate.com/technology/2021/10/tether-crypto-danger-ben-mckenzie.amp 26 comments
- Tether & Bitfinex: The Gaslighting of the Crypto Community and Wheel of Misinformation & Misdirection | by Bitfinex’ed | Dec, 2022 | Medium https://bitfinexed.medium.com/tether-bitfinex-the-gaslighting-of-the-crypto-community-and-wheel-of-misinformation-de0e1ff668dd 19 comments
- USDT Stablecoin Issuer Tether Reveals Bitcoin, Gold Reserves, Reports Q1 $1.48B Profit https://www.coindesk.com/business/2023/05/10/tether-reports-148b-profit-in-q1-reveals-bitcoin-gold-reserves/ 19 comments
- Market Wrap: Bitcoin Ends Week Notching 14% Gain https://finance.yahoo.com/market-wrap-bitcoin-ends-week-205042857.html 14 comments
- Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital https://www.coindesk.com/business/2022/06/15/tether-denies-claims-of-asian-commercial-paper-backing-exposure-to-three-arrows-capital/ 9 comments
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