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Recommended Watch: Why Did Tether Lend $1B to Celsius? Bloomberg Report Opens Up More Questions (youtube.com)
Bloomberg reported that Tether, the issuer of the eponymous stablecoin, has loaned $1 billion to crypto lender Celsius Network, which has drawn the ire of financial regulators in several states. "The Hash" hosts question this "symbiotic relationship" between the crypto companies and break down Tether's response to the report.

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    • 1
    Francisco Gimeno - BC Analyst For Tether, Bloomberg article is pure FUD. For Bloomberg, Tether practices are, as a minimum, kind of financially suspicious. Adding that the issue of Tether being able or not to back its USDT is already an old one, the battle is open. This time, however, Tether has reacted very strongly against Bloomberg. Watch this to know more.