Cryptocurrency Q&A What happens if a Tether collapses?

What happens if a Tether collapses?

OceanSoul OceanSoul Thu Oct 24 2024 | 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? What happens if a Tether collapses?

5 answers

alexander_clark_designer alexander_clark_designer Sat Oct 26 2024
The potential collapse of Tether could have devastating consequences for the economy.

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Martina 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 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 Skywalker Sat Oct 26 2024
This figure amounts to approximately $39.7 billion, as reported by CNBC.

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DaeguDivaDanceQueenElegantStride DaeguDivaDanceQueenElegantStride Fri Oct 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users.

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