Ängste vor der Zahlungsfähigkeit von Tether sind „fehl am Platz“, da das Unternehmen einen großen Überschuss erzielt: CoinShares
https://cointelegraph.com/news/tether-solvency-fears-misplaced-coinshares-stablecoin-surplus
Ängste vor der Zahlungsfähigkeit von Tether sind „fehl am Platz“, da das Unternehmen einen großen Überschuss erzielt: CoinShares
https://cointelegraph.com/news/tether-solvency-fears-misplaced-coinshares-stablecoin-surplus
5 Kommentare
Bitcoin being called dead 🤝 Tether FUD at local lows
tldr; Concerns about Tether’s solvency were addressed by CoinShares‘ James Butterfill, who stated fears are ‚misplaced‘ due to Tether’s $181 billion in reserves against $174.45 billion in liabilities, leaving a $6.8 billion surplus. Despite criticism, including from BitMEX founder Arthur Hayes and S&P Global, Tether remains profitable, generating $10 billion in 2023 and holding a 59% market share in stablecoins. Hayes warned of potential risks from Tether’s Bitcoin and gold holdings, but Tether’s CEO dismissed these concerns as unfounded.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Was that $181 billion ever independently audited though?
If they do, then they can easily do an audit…. But they don’t, the never have.
USDT is so secure that when faced with the GENIUS Act, Tether created USAT rather than prove their reserves 😂.