Its my understanding that Tether owns billions of dollars worth of commercial paper issued by large Chinese firms. If Evergrande collapses, it will trigger more crashes. Have you heard the rumors about the $30B in Tether commercial paper being a loan to Evergrande? China's most indebted property developer Evergrande Group said on Monday that it was arranging payment for some of its project companies' commercial paper that had not been repaid on time. Tether commercial paper could be Chinese and it is one of the largest commercial paper traders in existance. A couple of days ago we warned that Evergrande is preparing for bankruptcy. 5 Weaker than expected jobs report. . On September 7, Zerohedge shared: With algos busy chasing upward momentum in futures and global stocks, the biggest - if largely ignored story - remain the ongoing collapse of "China's Lehman", the $300+ billion China Evergrande, where following our earlier reports (see below . Stablecoin Tether says it does not hold any commercial paper from Evergrande in recent a statement. Tether Says Massive Reserves Held in Investment-Grade Commercial Paper Creator of popular stablecoin has faced pressure to explain where it keeps the $62 billion of reserves backing the digital . Evergrande Is Collapsing - Will Not Make Its Massive Debt Payments - 5 Times Bigger than Lehman Brothers . Hong Kong real estate holding company in China, Evergrande. 11 replies 23 retweets 359 likes Arizona Recently Processed 673,000 Voter Identities with the Social Security Administration - 58% Had NO MATCH FOUND. Evergrande, China's second-largest property developer by sales, recently warned that it was in . This is fact. Follow . Two weeks ago The Gateway Pundit warned that Evergrande is preparing for bankruptcy. This is a crypto backed by an asset. TRENDING: What's Going On? Mockup Free PSD. On September 7, Zerohedge shared: With algos busy chasing upward momentum in futures and global stocks, the biggest - if largely ignored story - remain the ongoing collapse of "China's Lehman", the $300+ billion China . While Tether has denied holding any commercial paper issued by Evergrande, analysts have warned that the fallout from an Evergrande restructuring could have significant impacts on the broader . A severe market correction coincided with a surge in activity from crypto whales, who moved over half a billion dollars worth of stablecoins in a matter of hours, according to a whale-watching bot. Tether, the world's largest 'stablecoin', said in a statement it does not hold any commercial paper or securities issued by embattled developer China Evergrande Group, as regulatory scrutiny into . Tether commercial paper could be Chinese and it is one of the largest commercial paper traders in existance. Green stock futures again turned red once the market opened as an address by the US president Joe Biden failed to alleviate concerns. Of their $42 billion in funds, on March 31, Tether claims to hold over 75% of their reserves in cash and cash equivalents, most of which are in the form of commercial paper.The remaining assets . He said the vast majority of its commercial paper has high grades from credit ratings firms. On Monday the US stock market plunged nearly 700 points as Evergrande fears mounted. 3 Vietnam enters first COVID lockdown, disrupts supply chain. Tether owns just under $30 billion of commercial paper, yet trading desks in Europe and New York have not had dealings with it. This company has $300 billion in debt and it is unable to make its payments. Tether's latest auditor's report shows that $ 30.8 billion of its $ 62.8 billion in assets are held in commercial paper, with the Financial Times ranking the company as one of the 10th leading instrument holders in the world. Reuters reported: Shares in ailing Chinese developer Evergrande plummeted on Monday (September 20). The stock closed down by around 10%, hitting 11-year . Tether commercial paper could be Chinese and it is one of the largest commercial paper traders in existance. An apparent […] Tea Leaf Analysts (TA) traders however wanted all this so maybe they partially caused it, but in that case it might be temporary with the big question this year . Evergrande might, but how on earth are debt troubles bad for bitcoin, is anyone's guess. The problem is Evergrande is five times the size of Lehman Brothers, made famous in the 2008 crash in the US. The problem is Evergrande is five times the size of Lehman Brothers, made famous in the 2008 crash in the US. Tether Holdings Ltd. had assets totaling at least $69 billion as of Sept. 30, according to an assurance from Cayman Islands-based Moore Cayman. Apparently sometime in the past few weeks, Tether at least confirmed the $30B CP is international (ie, non-US). As Bitcoin started to breach the $50,000 level at around 01:30: UTC on Saturday, hundreds of millions of dollars in crypto began […] Bears speculate Tether has Evergrande commercial paper, which Tether has denied, but even if tether went down that would mean a pump for bitcoin as everyone would go from USDt to BTC. Tether is 80% of beeteecee volume; even if tether once had $64 billion dollars, the value of their chinese commercial paper would be down at least 30%, and at least 50% if it's evergrande. Verstehe den Q-Plan Anons verbreiten Liebe und die Wahrheit Danke für einen Energieausgleich⬇️ An Q74You: With its rapidly growing market capitalization, one-to-one stablecoins are competing with short-term debt products . See. Evergrande is trying to find a way to cut costs and sell off some of its assets to dig its way out. 6 Interest rates going up again. Commercial paper is a corporate debt note . . Arizona Recently Processed 673,000 Voter Identities with the Social Security Administration - 58% Had NO MATCH FOUND. Tether is 80% of beeteecee volume; even if tether once had $64 billion dollars, the value of their chinese commercial paper would be down at least 30%, and at least 50% if it's evergrande. TRENDING: UPDATE: South African Doctor Who Discovered "Omicron" Variant Says There's Nothing to Worry About - Only Mild Symptoms (VIDEO) On Monday the US stock market plunged nearly 700 points as Evergrande fears mounted. That includes $30.6 billion in commercial paper and certificates of deposit, $7.2 billion in cash, almost $1 billion in money market funds and $19 billion in Treasury bills. construction methods and management 7th edition solution manual pdf. On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. If Tether goes to 0. 1turn keyframes spin transform rotate 0deg transform rotate 1turn webkit keyframes pending transform translateX 100 transform translateX 100 keyframes pending transform translateX 100 transform translateX 100 webkit keyframes drop opacity transform. best brunch birmingham Search for Related: Record-high inflation prompts investors to take a closer look at Bitcoin. Tether Denies Holding Commercial Paper Issued by Troubled Real Estate Developer Evergrande September 19, 2021 admin 0 Stablecoin issuer Tether has said it does not hold commercial paper issued by Chinese real estate company Energrande, which faces imminent default to the magnitude of the Lehman Brothers collapse. Stablecoin Tether says it does not hold any commercial paper from Evergrande in recent a statement. there's no way they can exit their position holding such a huge amount of paper. Even so, Noelle Acheson, head of market analysis at Genesis Trading, said Tether could still be affected if the economic situation in China deteriorates. 1turn keyframes spin transform rotate 0deg transform rotate 1turn webkit keyframes pending transform translateX 100 transform translateX 100 keyframes pending transform translateX 100 transform translateX 100 webkit keyframes drop opacity transform. Hindenburg Research, a short seller based in New York, joined the ranks of those . Tether commercial paper could be Chinese and it is one of the largest commercial paper traders in existance. Tether has denied holding Evergrande debt but Stuart Hoegner, Tether's lawyer, had declined to say whether Tether had other Chinese commercial paper in an interview with Bloomberg Businessweek. … He also shares his expectations on stablecoin regulation and competition. By Joe Hoft Published September 15, 2021 at 2:30pm . [Personal comment - there are numerous billionaires in Hong Kong and many, if not all, are in Chinese real estate. Tether has denied holding Evergrande debt but Stuart Hoegner, Tether's lawyer, had declined to say whether Tether had other Chinese commercial paper in an interview with Bloomberg Businessweek. Bears speculate Tether has Evergrande commercial paper, which Tether has denied, but even if tether went down that would mean a pump for bitcoin as everyone would go from USDt to BTC. 1turn keyframes spin transform rotate 0deg transform rotate 1turn webkit keyframes pending transform translateX 100 transform translateX 100 keyframes pending transform translateX 100 transform translateX 100 webkit keyframes drop opacity transform. Tether Treasury plots stablecoin crackdown even as Tether's dominance wanes September 19, 2021 admin 0. . Tether does not and has never held any commercial paper, other debt, or securities issued by Evergrande," the company wrote in a note to Capital.com, adding that "the great bulk of the commercial paper held by Tether is in A2 and above-rated companies. Another 18 per cent is held in fiduciary deposits, more than 12 per cent in secured loans and nearly 10 per cent in . 80% of decentralised currency volume disappears overnight. Tether commercial paper could be . Commercial paper is an unsecured, short period debt tool issued by a company, usually for the finance and inventories and temporary liabilities. Tea Leaf Analysts (TA) traders however wanted all this so maybe they partially caused it, but in that case it might be temporary with the big question this year . Amid increasing regulatory concerns surrounding stablecoins, Tether has come out to say it does not hold any commercial paper issued by Evergrande. Commercial papers are short-term unsecured debt issued by corporations and are seen as less reliable and riskier than cash. However, Tether has denied this. This may affect some Tether commercial paper holdings.
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