Wu Blockchain (@WuBlockchain): CoinShares Head of Research James Butterfill pushed back on fresh critiques from Arthur Hayes and S&P Global, arguing market angst over Tether’s solve…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- USDT+70Positive
CoinShares Head of Research James Butterfill pushed back on fresh critiques from Arthur Hayes and S&P Global, arguing market angst over Tether’s solvency is misplaced. Citing Tether’s latest attestation, he said the firm holds roughly $181B in reserves against ~$174.45B in liabilities—implying a surplus near $6.8B—and remains one of the industry’s most profitable companies, generating about $10B in profit over the first three quarters of 2025. https://twitter.com/i/web/status/1997202025067708519