Bloomberg
Tether Fails to Calm Jittery Nerves With Short Sellers Circling
(Bloomberg) — Repeated assurances by the backers of Tether, the biggest stablecoin, that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets. Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsLong, Moderate and Painful: What Next US Recession May Look LikeJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutJPMorgan’s Aronov Ignores the ‘Cash Is Trash
