Doesn't hold and never held.https://twitter.com/TheBlock__/status/1438118277578960904 …
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Would certainly imply a more systemic issue much deeper than tether if Evergrande short term commercial paper was A-1 / A-2 rated
1. Tether provided ratings, from major US rating agencies 2. Vast majority is >= A2 3. How Tether can hold Evergrande if rating >= A2? -> donkeys are funny animals
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Oink oink
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Are you willing to disclose how much of Tether's commercial paper holdings are Chinese companies/govt?
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Slight problem with the argument here. 'Vast majority' does not mean 'all'. Also, your own reserves report says some may not have 'ratings from major US rating agencies'. Doesn't seem to address the general concerns at all.
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