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Tether says it makes money but can’t ditch loans

Tether has made a huge amount of money from interest recently but it just can’t seem to ditch the allure of secured loans.

ChainArgos: Justin Sun’s JustLend doesn’t send ‘stables’ where advertised

USDT that customers once held on Huobi is now daisy-chained into JustLend, a ‘decentralized’ lending protocol dominated by Sun.

Circle and Tether executives have engaged in a series of increasingly public spats as the firms vie for control of the stablecoin market.

A single address spent several days spamming thousands of addresses with stUSDT after receiving a small amount from Huobi.