You can borrow tether for 8-12% per year and short it. Easier than TSLA because your downside is capped.
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Like I said — get borrow on tether from a lending desk, move it to an exchange, sell it for USD and withdraw the USD (which you use to collateralise your loan). Your main risk is that they call back the loan, but you can even mitigate that by terming it out.
If tether goes to 0 and the lending desk blows up, you still have the USD (you might need to go to court to get your collateral back, so it depends on how much you were using as collateral and how exactly the desk blows up)
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Secondary risk is that tether goes to 0 and is delisted from every exchange, or maybe every exchange has also blown up or something, so the tether gets recalled and you can’t close out the short, but the lending desk still charges you borrow (this has actually happened to funds
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who shorted stocks that went to 0). This should all be covered in the MLA that governs your loan, if you have done your job right.
End of conversation
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