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A $4 billion hedge fund is shorting Tether. They are borrowing and selling it, betting that the USDT backing will decrease in value and depeg in the next 12 months.

Reddit
A $4 billion hedge fund is shorting Tether. They are borrowing and selling it, betting that the USDT backing will decrease in value and depeg in the next 12 months. submitted by /u/Awhodothey
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Stablecoins Tether (USDT)
11 months
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Tether reports $700 million Q4 net profit in latest attestation report

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