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Tether's reports show increasing loans denominated and payable in its own stablecoin, reaching $6.1B as of September 30, a potential risk in a crisis (Jonathan Weil/Wall Street Journal)

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Jonathan Weil / Wall Street Journal:

Tether’s reports show increasing loans denominated and payable in its own stablecoin, reaching $6.1B as of September 30, a potential risk in a crisis  —  Tether reports hadn’t disclosed that loans it issues are denominated and payable in the token  —  FTX’s Bankruptcy: Three Things to Know



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