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As crypto markets melt down, hedge funds are increasingly shorting tether, as a bet against either the broader economy or the quality of the assets backing USDT (Vicky Ge Huang/Wall Street Journal)

Vicky Ge Huang / Wall Street Journal: As crypto markets melt down, hedge funds are increasingly shorting tether, as a bet against either the broader economy or the quality of the assets backing USDT  —  Professional investors got interested in shorting tether after the collapse of another stablecoin, TerraUSD
https://bit.ly/39S9ED2

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