Tether Debate Heats Up As Former Bank Analyst Refutes Hayes’ Claims
Arthur Hayes, the BitMEX co-founder, warned late final month that Tether’s shift into Bitcoin and gold may depart the stablecoin uncovered if these property tumble. According to Hayes, a roughly 30% drop in Tether’s BTC and gold holdings may erase the corporate’s fairness and depart USDT susceptible. His feedback touched off contemporary debate about how…
