Bloomberg Businessweek - 11.10.2021.pdf

GINA JACQUART THORSEN

President and Co-owner, Stormy Kromer

3

October 11, 2021

PHOTOGRAPH BY VIRGINIA HANUSIK FOR BLOOMBERG BUSINESSWEEK

FEATURES 42 The $69 Billion Question

Each Tether stablecoin is backed by a U.S. dollar. But where is all that cash?

48 Southwest Louisiana’s Climate Exodus

Capital One Tower in

Lake Charles, La., in