🔥 *TETHER TROUBLE?* 🚨

Arthur Hayes sounds the alarm on USDT risk! 😱 S&P Global Ratings downgrades Tether, citing exposure to high-risk assets like Bitcoin & gold.

💸 *The Risk:*

- Tether’s assets: $139B cash + $34B illiquid assets (Bitcoin, gold, loans)

- Liabilities: $174B USDT

- If BTC/gold drops 30%, USDT could be technically insolvent 🙀

🔹 *Hayes’ Warning:*

Tether’s playing a risky game, hoping BTC/gold rally when rates fall. But if they don’t? 💥

👀 *Experts Split:*

- Some: “Tether’s fine, it’s a money printer!”

- Others: “$40B in risky assets = ticking time bomb!”

💡 *The Reality:*

- Tether’s solvent on paper, but liquidity’s the issue

- $8B in Bitcoin & gold reserves – risk or opportunity?

Will USDT hold the peg? The market watches closely! 📊 #Tether #USDT $