CoinShares Sees Tether USDT Surplus Mitigating Solvency Risks from Bitcoin, Gold Holdings

Tether USDT solvency remains robust, with reserves of $181 billion surpassing $174.45 billion in liabilities by $6.55 billion, as confirmed in the latest attestation. CoinShares counters concerns from critics like Arthur Hayes, highlighting $10 billion in year-to-date profits that buffer against volatility in Bitcoin and gold holdings. Tether's attestation shows a clear surplus, mitigating solvency [...]