Tether Debate Heats Up As Former Bank Analyst Refutes Hayes’ Claims

Arthur Hayes, the BitMEX co-founder, warned late last month that Tether’s shift into Bitcoin and gold could leave the stablecoin exposed if those assets tumble. Related Reading: Bitcoin Reflects En...

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Tether Debate Heats Up As Former Bank Analyst Refutes Hayes’ Claims

Source: Bitcoinist.com

Arthur Hayes, the BitMEX co-founder, warned late last month that Tether’s shift into Bitcoin and gold could leave the stablecoin exposed if those assets tumble. Related Reading: Bitcoin Reflects Energy As The ‘True Currency,’ Elon Musk Says According to Hayes, a roughly 30% drop in Tether’s BTC and gold holdings could erase the company’s equity […]

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