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Tether Shorters Amass While Crypto Investors Continue to Dump USDT – BeInCrypto

Tether Shorters Amass While Crypto Investors Continue to Dump USDT – BeInCrypto

Tether short-sellers are building in numbers as investors dump liquidity, despite reassurances from the stablecoin firm that its reserves are fully-backed. A liquidity pool allowing swaps between the three biggest stablecoins Circle (USDC), Tether (USDT), and MakerDAO ( DAI) indicated Friday that Tether reserves made up 65% of its composition, indicating that investors are anxious about the long-term prospects of holding the stablecoin.








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