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Tether CTO refutes stablecoin FUD as short-sellers circle

Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether CTO refutes stablecoin FUD as short-sellers circle

Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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