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2021-10-13 23:35:15

That Tether's Cash Isn't Cash Is Entirely Normal

Bloomberg is the latest media outlet to wonder where all of Tether's cash is - where is it invested?That it isn't in cash should be obvious because that's just how the system works. Not Tether specifically, but banking as a whole.Exactly what it is invested in is an interesting question and could be a problem. That it's not in cash isn't, that's just normal.