Tether’s chief technology officer says certain hedge funds recently attempted to spread panic and profit off shorting Tether (USDT). Tether CTO Paolo Ardoino says hedge funds helped spread rumors that Tether isn’t 100% backed and has 85% exposure to Chinese commercial paper (CP) holdings. CP holdings are a type of unsecured and usually discounted short-term […]The post Tether CTO Paolo Ardoino Says Hedge Funds Attempting To Sabotage USDT appeared first on The Daily Hodl.
