Cryptocurrency Q&A
What happens if a Tether collapses?
What happens if a Tether collapses?
OceanSoul
Thu Oct 24 2024
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5
answers
1198
I'm concerned about the potential impact of a Tether collapse. If such an event occurs, what would be the consequences? Would it affect the cryptocurrency market significantly? How would it impact investors and the overall economy?
5 answers
alexander_clark_designer
Sat Oct 26 2024
The potential collapse of Tether could have devastating consequences for the economy.
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Martina
Sat Oct 26 2024
According to Tether, a significant portion of its reserves are invested in US Treasury Bills.
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Stardust
Sat Oct 26 2024
Specifically, Tether claims that over 58% of its reserves are held in these government securities.
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Skywalker
Sat Oct 26 2024
This figure amounts to approximately $39.7 billion, as reported by CNBC.
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DaeguDivaDanceQueenElegantStride
Fri Oct 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users.
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