Paolo Ardoino hits back at billionaire's Tether insolvency remarks
A former Citi analyst says critics are missing the real balance sheet.
A former Citi analyst says critics are missing the real balance sheet.
TLDR BitMEX co-founder Arthur Hayes warns that a 30% drop in Tether’s Bitcoin and gold holdings could wipe out the company’s equity cushion and threaten USDT solvency Tether holds $181 billion in total assets against […]
Tether CEO Paolo Ardoino has strongly criticized S&P Global and critics, dismissing the agency’s assessment as based on “outdated legacy models. He argued that the downgrade of the stablecoin’s rating was based on incomplete information […]
The past week was a rollercoaster ride in the world of cryptocurrencies. From Bitcoin’s scarcity debate to Dogecoin’s resistance level, the crypto market was buzzing with activity. Tether’s CEO slammed traditional rating agencies, while Trump’s […]
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