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/biz/ - Business & Finance

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53694282 No.53694282 [Reply] [Original]

Nothing will happen if they shut down BUSD or USDP or whatever, fuck nothing will happen if they shut down USDC, USDT is another story however, if they go after that one the crypto market will collapse

>> No.53696526

bump

>> No.53696553

>>53694282
I wouldn't say nothing will happen with other stables, but yes Tether is the one that will send BTC to hell.

>> No.53696620

Tether is an idea, an entity, existing everywhere and nowhere, an enigma defying definition, can anyone say it's really real? Or just something we collectively imagine

>> No.53696682

>>53696553
>>53696526
>>53694282
>>53696620

tether is provably not collateralized. the us government knows this, I think we're all just wondering why they're allowing us all to keep playing. It has to be because tether will become the cbdc vehicle, it has to be regulatory capture

>> No.53696812

>tether fud
tether is collateralised with us debt. if you kill tether you could cause a crisis which would mean the fed would have to drop rates. tether is now too big to fail.

>> No.53696844

>>53696812
>tether is too big to fail
this, which unironically makes it the safest stablecoin from a regulatory prespectice