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The Tether Put: Crypto Equivalent of Credit Default Swap?

Cryptocurrency market makers say they're fielding inquiries about how to bet on a falling price for the dollar-pegged stablecoin USDT.

Updated Sep 14, 2021, 1:31 p.m. Published Jul 26, 2021, 8:37 p.m.
Crypto traders are getting creative as they look for ways to bet against Tether.
Crypto traders are getting creative as they look for ways to bet against Tether.