Matt Levine, Columnist

Looking for Tether’s Money

Also SOFR spreads and UnicornCoins.

October 7, 2021 at 5:09 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Programming note: Money Stuff will be off tomorrow, back on Monday.

A (the?) main move in finance goes like this: