May 15, 2025

Tether calls thesis behind USDT short-selling ‘flat out wrong’

Tether, the issuer of Tether (USDT), says that hedge funds that attempted to short its stablecoin after Terra’s collapse in May are using a thesis that is “incredibly misinformed” and “flat out wrong.”In a blog post from July 28, Tether pointed to a June …

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