Here’s a shorter, more concise version:
Tether Liquidity Concerns Debunked: Why the Panic Is Likely Overblown
Fresh worries about Tether’s stability have surfaced, but new analysis suggests the fears don’t match the facts. CoinShares’ Head of Research, James Butterfill, argues that Tether’s financials show strength rather than weakness—despite recent warnings from figures like BitMEX co-founder Arthur Hayes.
What the Numbers Show
Reserves: $181.4B
Liabilities: $174.4B
Surplus Capital: $6.8B
Profit (first 9 months): Over $10B
This profitability strengthens Tether’s equity cushion and helps counter potential drops in asset values—directly addressing the liquidity concerns raised by critics.
Expert View
Butterfill acknowledges that stablecoins carry risk but says current data does not point to a systemic threat. Much of the fear appears to stem from hypothetical scenarios rather than actual financial instability.
Should USDT Holders Worry?
Based on the latest disclosures, Tether appears well-capitalized and profitable. While users should always be aware of crypto risks, current fears seem disproportionate to the numbers.
Bottom Line: The narrative of Tether being on the brink doesn’t align with its strong reserves and record profits. The latest panic looks more like speculation than reality. #BTC
#USDT #BTC
#USDTfree
