“The easiest way to short tether is to do it on-chain – borrow tether, then sell it,” says Austin Campbell, a stablecoin veteran and founder of Zero Knowledge Consulting. “[Borrow it on decentralized lending protocols] Compound, Aave, whatever, then buy another stablecoin if you don’t want price pressure.”
Why Short Sellers May Have a Hard Time Betting Against Tether (USDT)
