With the U.S. Securities and Exchange Commission (SEC) seemingly committed to burning the earth and salting the fields of the cryptocurrency industry, the stablecoin tether (USDT) could face serious ...
Tether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess. High interest rates have turned ...
Tether now holds billions in physical gold, which is unusual for a stablecoin issuer and makes it look more like a central bank-style reserve manager. Gold can strengthen long-term reserve ...