Hacker News new | past | comments | ask | show | jobs | submit login

You mean Kraken? There are many OTC lending markets that allow for tether shorting.



Seems like counterparty risk would make this a bad trade; if Tether collapses, the whole system is likely to follow.


I don't think many people assume it to be this binary: if Tether doesn't have have dollars behind every USDT. Buying USDT below $1 is simply buying debt. If you believe they will at some point in the future be able to give you a dollar for every tether, buying under $1 is very smart.




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact

Search: