- Breaking story - Celsius confirms long-rumored suspicions that Tether loans USDT to customers in exchange for other crypto as collateral (rather than fiat). https://www.ft.com/content/0035016c-29ad-4e6f-9163-2a17df490aa5 110 comments cryptocurrency
- Financial Times: "Tether’s bitcoin-backed lending clashes with dollar promise" https://www.ft.com/content/0035016c-29ad-4e6f-9163-2a17df490aa5 18 comments btc
Linking pages
- Stablecoin Mechanics 2: Tether-Celsius | by DataFinnovation | Oct, 2022 | Medium https://datafinnovation.medium.com/stablecoin-mechanics-2-tether-celsius-15c9ecdaaacd 150 comments
- Crypto lending firm Celsius halts withdrawals - The Verge https://www.theverge.com/2022/6/13/23165401/defi-cryptocurrency-celsius-network-pause-withdrawals 1 comment
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