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I wonder how easy it is to actually short Tether assuming the likely scenario where USDT goes the way of UST and trading is effectively halted. How does one cover their short when no trading is possible? In a regular exchange, there are rules about how to handle this but I'm not clear how it happens with crypto.


UST trading only halted on some centralized exchanges. If you are willing to expose yourself to DeFi then trading continued.

You can short USDT on AAVE for 3% APY at current variable rates.


The actual UST blockchain was halted for a time.


fair enough, def a reminder that not all L1s are sufficiently secure


if tether crashes so will every other crypto. Just go short coinbase or another crypto proxy if you want to stay in your brokerage account.




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