CoinShares Says Tether Is Strong, Not Struggling

The post CoinShares Says Tether Is Strong, Not Struggling appeared first on Coinpedia Fintech News CoinShares Head of Research James Butterfill pushed back on fresh concerns from Arthur Hayes and S&P Global, saying fears over Tether’s solvency are unfounded. He pointed to Tether’s latest attestation showing about $181 billion in reserves versus $174.45 billion in liabilities, reflecting a $6.8 billion surplus. Butterfill noted Tether remains among the most profitable players …