The post CoinShares Says Tether Is Strong, Not Struggling appeared first on Coinpedia Fintech News
CoinShares Head of Research James Butterfill pushed back on fresh concerns from Arthur Hayes and S&P Global, saying fears over Tether’s solvency are unfounded. He pointed to Tether’s latest attestation showing about $181 billion in reserves versus $174.45 billion in liabilities, reflecting a $6.8 billion surplus. Butterfill noted Tether remains among the most profitable players in crypto, earning nearly $10 billion in profit during the first three quarters of 2025.