PANews reported on November 30th that BitMEX co-founder Arthur Hayes posted on the X platform regarding the Tether audit report, stating, "The Tether team is in the early stages of large-scale interest rate trading. They believe the Federal Reserve will cut interest rates, which will significantly reduce interest income. To counter this, they are buying gold and Bitcoin, and theoretically, as currency prices fall, the prices of these assets should surge. If their gold and Bitcoin holdings drop by about 30%, their equity will vanish, and USDT will theoretically go bankrupt. I believe some large holders and exchanges will demand to see their balance sheets in real time to assess Tether's solvency risk." PANews reported on November 30th that BitMEX co-founder Arthur Hayes posted on the X platform regarding the Tether audit report, stating, "The Tether team is in the early stages of large-scale interest rate trading. They believe the Federal Reserve will cut interest rates, which will significantly reduce interest income. To counter this, they are buying gold and Bitcoin, and theoretically, as currency prices fall, the prices of these assets should surge. If their gold and Bitcoin holdings drop by about 30%, their equity will vanish, and USDT will theoretically go bankrupt. I believe some large holders and exchanges will demand to see their balance sheets in real time to assess Tether's solvency risk."

Arthur Hayes: Tether bought gold and Bitcoin in anticipation of interest rate cuts; USDT could go bankrupt if assets fall by 30%.

2025/11/30 08:14

PANews reported on November 30th that BitMEX co-founder Arthur Hayes posted on the X platform regarding the Tether audit report, stating, "The Tether team is in the early stages of large-scale interest rate trading. They believe the Federal Reserve will cut interest rates, which will significantly reduce interest income. To counter this, they are buying gold and Bitcoin, and theoretically, as currency prices fall, the prices of these assets should surge. If their gold and Bitcoin holdings drop by about 30%, their equity will vanish, and USDT will theoretically go bankrupt. I believe some large holders and exchanges will demand to see their balance sheets in real time to assess Tether's solvency risk."

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