ATC quote · Mar 27, 2025 · 0:25:45
“I think they're correcting their books because they need to do an audit. And they're like, shit. We need assets. We... All we've been doing is we've been we've been rehypothecating the shit out”
Landy @CryptoLandy
From All Things Crypto w/Dave Kool & NatNat, Mar 27, 2025 · Episode page

In context
0:24:54 Kool @koolcryptovc: of money a lot of money. Actually, Tether is the seventh largest US treasury holder in the world, larger than all the countries. So these guys, they they just... They have a lot of money. They they expanding their their footprints across the world. I think that's what they're doing. I think this is good. I don't really know how how it affects crypto directly, but I I don't know. I I I don't... It... It's hard…
0:25:45 Landy @CryptoLandy: I think they're correcting their books because they need to do an audit. And they're like, shit. We need assets. We... All we've been doing is we've been we've been rehypothecating the shit out
0:25:56 Landy @CryptoLandy: of this stuff on the back end. We're full of freaking cash on our on our... On one side of our books, and it's not on the backing side.
Show discussion only, not financial advice. Transcripts are auto-generated.
