Is this the beginning of the end for BITCOIN!?? Evergrande has officially defaulted on it’s dollar debt included in their $300 billion in debt obligations. What does this have to do with crypto though? Tether possibly has been one of the lenders to Evergrande!! Evergrande has about $32 billion of commercial bills. Tether has about 30.5 billion in commercial paper. Is Tether’s backing Evergrande paper? Well Tether has denied this…are they telling the truth??
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