Industry Pushback by Tether??

[johnblockbuster]

Tether defenders argue liquidity is solid. Tran Hung highlights $112B in US Treasuries and $21B in repos, pointing to past redemptions of $25B in 20 days during 2022. Cory Klippsten adds Tether’s 26x leverage and modest 3.7% equity cushion are offset by profitability and recent dividend withdrawals, which could recapitalize the firm if needed.

[Nahid Hossen]

The pushback raises deeper questions about Tether’s long-term transparency.

[Rimon Khan]

Industry reactions show the growing concerns around centralized stablecoins.

[JanEmil]

They don't need to be fully covered in my eyes.

[The_Walking_Dead]

Tether works until confidence cracks — backing debates won’t stop.

[Capybara_Capybara]

Liquidity looks strong on paper, but paper isn’t a stress test.

[Revenant]

USDT survives on trust more than balance-sheet perfection