Tether Solvency Fears Are ‘Misplaced’ as Company Sits on Large Surplus: CoinShares

CoinShares Dismisses Tether Insolvency Fears, Reaffirms Financial Strength

CoinShares reassures that Tether has a $6.78 billion surplus and maintains a solid financial buffer. Tether’s CEO, Paolo Ardoino, defends its reserve structure, emphasizing stability with U.S. Treasuries. Tether’s recent growth extends beyond stablecoins, with $1.5 billion deployed in commodity trade lending. Concerns about Tether’s financial stability have been circulating in the wake of warnings from BitMEX founder Arthur Hayes. He expressed f…

Is USDT safe? Inside Hayes vs Butterfill’s battle over Tether’s solvency

Its $719.83B monthly on-chain volume shows that traders and institutions still rely on USDT far more than any competitor.

CoinShares Pushes Back Against Tether Solvency Fears Amid Renewed Debate News ETHNews

Tether’s financial stability is once again under scrutiny, following fresh criticism from Arthur Hayes and a recent downgrade from S&P Global. But this time, CoinShares Head of Research James Butterfill stepped directly into the conversation, arguing that the concerns circulating around USDT’s solvency are overstated and unsupported by the latest financial data. His assessment points to a stronger, more profitable Tether that appears far from th…

Hayes Warns of Tether Trouble, CoinShares Fires Back With Hard Data

Hayes warns Tether’s gold and Bitcoin bets could hurt reserves if markets drop. A 30% fall in those holdings could erase equity and trigger solvency worries. CoinShares says Tether holds a strong surplus and over US$10 billion yearly profit. CoinShares has downplayed recent concerns over the stability of Tether (USDT) following comments from former BitMEX CEO Arthur Hayes. Hayes has warned that Tether’s large positions in Bitcoin and gold could …

CoinShares Fires Back at Arthur Hayes, Dismisses Fears Over Tether Solvency

CoinShares fired back at Arthur Hayes and S&P Global for claims that Tether may be at risk at solvency. This comes as new data out of the stablecoin issuer highlights that such concerns may be overstated. CoinShares Says Tether’s Balance Sheet Is Strong In a new post, CoinShares Head of Research James Butterfill brushed aside The post CoinShares Fires Back at Arthur Hayes, Dismisses Fears Over Tether Solvency appeared first on CoinGape.

CoinShares Counters Tether Solvency Fears With Fresh Reserve

CoinShares disputes renewed solvency fears raised against Tether this week. The latest attestation shows strong reserves and a substantial financial surplus. Hayes and S&P intensify concerns about Tether’s reserve stability. USDt continues leading the stablecoin market with a dominant circulation share. Concerns over Tether’s financial footing resurfaced this week after renewed criticism from Arthur Hayes and a downgrade from S&P Global. Their w…