As reported by TheMarketPeriodical, Bitwise CEO Hunter Horsley has defended Tether's business model, calling it more secure than fractional banking reserves. The discussion was triggered by Arthur Hayes' warning that falling U.S. interest rates could pressure Tether's solvency. Analysts, including Joseph from Citi, highlighted Tether's $120 billion in Treasury holdings and corporate assets as key stability factors. Tether remains the largest stablecoin with a $184.6 billion market cap and $56 billion in daily trading volume. Supporters argue that Tether's reserve structure and profitability provide flexibility against interest rate fluctuations.
Bitwise CEO Defends Tether's Business Model Amid Solvency Debate
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