Arthur Hayes warns that a 30% drop in gold and Bitcoin could wipe out Tether’s equity and trigger solvency concerns.
Sources tell DD that the gold bets are a reflection of Tether insiders’ belief that the commodity is the world’s best store ...
A fresh ratings clash has put the spotlight on the growing divide between digital-asset issuers and traditional financial ...
By Elizabeth Howcroft PARIS (Reuters) -S&P Global has downgraded its rating of the world's largest stablecoin, Tether, citing ...
Tether CEO Paolo Ardoino is responding to S&P Global Ratings after the firm lowered its stability rating on its stablecoin ...
Stablecoin issuer Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, ...
S&P Global downgraded its rating of Tether, the world's largest stablecoin on Wednesday, citing an increase in higher-risk ...
The ratings agency cited bitcoin's rising share in the stablecoin reserves, making the token vulnerable to falling prices.
In recent months, Tether has bought dozens of tons of gold, with no central bank in the world keeping pace recently. The ...
S&P Global may have surprised the stablecoin sector this past week after cutting Tether’s rating to “weak,” citing persistent ...
The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as ...
USDT stablecoin issuer Tether is halting its Bitcoin mining operations in Uruguay due to high energy costs, local media has ...