Tether CEO dismisses insolvency claims, says critics ignore $30B in group equity
Key Takeaways Tether CEO Paolo Ardoino dismissed claims questioning potential insolvency of USDT. Tether holds around $30 billion in group equity, acting as a buffer for asset value declines. Share this article Tether CEO Paolo Ardoino today dismissed insolvency claims against the USDT stablecoin issuer, pointing to the company’s multi-billion-dollar excess reserves and around $30…
