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Speaking - as I warned in my recent column - that unstable “stablecoins” backed by risky assets can break the buck and lead to a disorderly financial panic. https://t.co/xyQXgH9h2L

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BREAKING: Tether tumbles to $0.9980, its weakest peg in over 5 years. Some analysts warn a full untethering could hit soon, which could cripple the crypto market, as 87%+ of trading volume flows through USDT. https://t.co/X1eUwFH4Qs

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