CoinShares Refutes Tether Insolvency Concerns, Citing $181 Billion Reserves

The digital asset manager highlights substantial equity exceeding liabilities, countering recent warnings from BitMEX co-founder Arthur Hayes.

USDT

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Terms & Concepts
  • Tether: A major stablecoin pegged to the U.S. dollar, often used for trading and transfers in cryptocurrency markets.
  • Equity Buffer: The amount of equity a company holds beyond its liabilities, serving as a cushion against potential financial losses.
  • Reserves: Assets set aside to meet future obligations, ensuring liquidity and solvency for a company or financial product.