Why Tether's $100B empire could trigger the next crypto apocalypse

and they talk about that Tether's equity cushion's shrinking. Right? Its asset mix is shifting from, like, super safe US treasury bills towards riskier investments like Bitcoin, gold, structured loans. That's making up a quarter of their portfolio. Mhmm. You know, if something happened, like, it's so central to crypto trading that if a depegging event could collapse the prices of other tokens or could trigger a fire sale that disrupts short term funding markets,

what are your thoughts generally? There's a lot to think about here. I would say never say never on any of these things. It would be silly to say, like, oh, that'll never happen in Tether. Right? Even though they are the world's largest stablecoin, you know, you always have to be cautious of these things.