• bitcoinBitcoin (BTC) $ 87,260.00
  • ethereumEthereum (ETH) $ 2,850.02
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.08
  • bnbBNB (BNB) $ 838.15
  • usd-coinUSDC (USDC) $ 0.999745
  • solanaWrapped SOL (SOL) $ 128.05
  • tronTRON (TRX) $ 0.278075
  • staked-etherLido Staked Ether (STETH) $ 2,848.91
  • dogecoinDogecoin (DOGE) $ 0.139587
  • cardanoCardano (ADA) $ 0.390977
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • whitebitWhiteBIT Coin (WBT) $ 56.11
  • wrapped-stethWrapped stETH (WSTETH) $ 3,475.93
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 87,056.00
  • bitcoin-cashBitcoin Cash (BCH) $ 532.32
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,088.63
  • usdsUSDS (USDS) $ 0.999732
  • leo-tokenLEO Token (LEO) $ 9.89
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • chainlinkChainlink (LINK) $ 12.30
  • hyperliquidHyperliquid (HYPE) $ 31.17
  • moneroMonero (XMR) $ 431.12
  • stellarStellar (XLM) $ 0.238155
  • wethWETH (WETH) $ 2,848.14
  • wrapped-eethWrapped eETH (WEETH) $ 3,081.92
  • ethena-usdeEthena USDe (USDE) $ 0.998474
  • zcashZcash (ZEC) $ 383.76
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 87,292.00
  • litecoinLitecoin (LTC) $ 78.65
  • hedera-hashgraphHedera (HBAR) $ 0.134942
  • avalanche-2Avalanche (AVAX) $ 13.14
  • suiSui (SUI) $ 1.39
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • daiDai (DAI) $ 0.999189
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.150959
  • susdssUSDS (SUSDS) $ 1.08
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
  • paypal-usdPayPal USD (PYUSD) $ 0.999786
  • usdt0USDT0 (USDT0) $ 0.999852
  • crypto-com-chainCronos (CRO) $ 0.102001
  • the-open-networkToncoin (TON) $ 1.49
  • uniswapUniswap (UNI) $ 5.66
  • polkadotPolkadot (DOT) $ 2.08
  • mantleMantle (MNT) $ 1.01
  • canton-networkCanton (CC) $ 0.084625
  • usd1-wlfiUSD1 (USD1) $ 0.999199
  • bittensorBittensor (TAO) $ 272.57
  • aaveAave (AAVE) $ 171.56
  • bitget-tokenBitget Token (BGB) $ 3.49
  • memecoreMemeCore (M) $ 1.38
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tether-goldTether Gold (XAUT) $ 4,232.54
  • nearNEAR Protocol (NEAR) $ 1.71
  • falcon-financeFalcon USD (USDF) $ 0.998234
  • okbOKB (OKB) $ 100.90
  • ethereum-classicEthereum Classic (ETC) $ 13.03
  • aster-2Aster (ASTER) $ 0.995170
  • internet-computerInternet Computer (ICP) $ 3.61
  • pi-networkPi Network (PI) $ 0.231362
  • ethenaEthena (ENA) $ 0.246890
  • jito-staked-solJito Staked SOL (JITOSOL) $ 159.71
  • pepePepe (PEPE) $ 0.000004
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,848.14
  • rainRain (RAIN) $ 0.007137
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.53
  • htx-daoHTX DAO (HTX) $ 0.000002
  • pump-funPump.fun (PUMP) $ 0.002724
  • ondo-financeOndo (ONDO) $ 0.475270
  • kaspaKaspa (KAS) $ 0.055431
  • quant-networkQuant (QNT) $ 97.83
  • pax-goldPAX Gold (PAXG) $ 4,257.93
  • worldcoin-wldWorldcoin (WLD) $ 0.581945
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • aptosAptos (APT) $ 1.86
  • usdtbUSDtb (USDTB) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.125482
  • bfusdBFUSD (BFUSD) $ 0.999186
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999774
  • ripple-usdRipple USD (RLUSD) $ 0.999965
  • kucoin-sharesKuCoin (KCS) $ 9.70
  • global-dollarGlobal Dollar (USDG) $ 0.999688
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,270.31
  • skySky (SKY) $ 0.052786
  • hash-2Provenance Blockchain (HASH) $ 0.022914
  • algorandAlgorand (ALGO) $ 0.132726
  • wbnbWrapped BNB (WBNB) $ 837.81
  • official-trumpOfficial Trump (TRUMP) $ 5.80
  • gatechain-tokenGate (GT) $ 9.86
  • arbitrumArbitrum (ARB) $ 0.197762
  • flare-networksFlare (FLR) $ 0.014044
  • cosmosCosmos Hub (ATOM) $ 2.27
  • binance-staked-solBinance Staked SOL (BNSOL) $ 138.87
  • filecoinFilecoin (FIL) $ 1.48
  • vechainVeChain (VET) $ 0.012411
  • ignition-fbtcFunction FBTC (FBTC) $ 86,866.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,015.18
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 87,370.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.051887
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 87,080.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,048.73
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.91
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996553
  • nexoNEXO (NEXO) $ 0.916258
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 31.30
  • render-tokenRender (RENDER) $ 1.61
  • sei-networkSei (SEI) $ 0.128891
  • story-2Story (IP) $ 2.38
  • ousgOUSG (OUSG) $ 113.47
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.25
  • morphoMorpho (MORPHO) $ 1.40
  • bonkBonk (BONK) $ 0.000009
  • jupiter-exchange-solanaJupiter (JUP) $ 0.227785
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 87,062.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,078.41
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,033.74
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • clbtcclBTC (CLBTC) $ 87,328.00
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999756
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999900
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009890
  • usdaiUSDai (USDAI) $ 0.999711
  • dashDash (DASH) $ 49.35
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 147.93
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.233351
  • beldexBeldex (BDX) $ 0.080444
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,949.67
  • spx6900SPX6900 (SPX) $ 0.605685
  • optimismOptimism (OP) $ 0.298083
  • starknetStarknet (STRK) $ 0.117133
  • aerodrome-financeAerodrome Finance (AERO) $ 0.622016
  • curve-dao-tokenCurve DAO (CRV) $ 0.390402
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.837718
  • usual-usdUsual USD (USD0) $ 0.998177
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  • newton-projectAB (AB) $ 0.005985
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  • msolMarinade Staked SOL (MSOL) $ 171.95
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  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,849.41
  • true-usdTrueUSD (TUSD) $ 0.995783
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,460.42
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.997267
  • ether-fiEther.fi (ETHFI) $ 0.763624
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  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 16.18
  • wrapped-hypeWrapped HYPE (WHYPE) $ 31.04

Tether CEO dismisses insolvency claims, says critics ignore $30B in group equity

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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.

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 billion in total Group equity as protection against potential asset declines.

The dismissal addresses concerns that sharp drops in Bitcoin or gold values could threaten USDT’s stability.

Tether has faced recurring questions about its reserve composition and financial stability as it operates the world’s largest stablecoin by market capitalization. The company maintains reserves in US Treasuries, Bitcoin, and gold to back its tokens and hedge against fiat currency debasement.

Ardoino emphasized the company’s substantial equity buffer as a safeguard beyond the standard reserves.

The CEO of Tether criticized recent analyses, including those from S&P, for failing to account for Tether’s Group equity. He also suggested some influencers are “bad at math” or are incentivized to promote competitors.

Source

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