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- Embed this noticeTether claims to have 58% in treasuries, which if it's true, and I kind of doubt they'd so blatantly publish a lie, makes them better capitalized than practically any bank in existence.
As far as the exchanges, instinct tells me that for the most part, the damage is done for this cycle - but I wouldn't be at all surprised to see some more crypto/legacy crossovers get rekt as the FED continues to tighten.
In any case, we're going to be living in caves catching radioactive fish before my bitcoin goes in the red.