Home Editor's Pick Arthur Hayes Flags High Downside Risk in Tether’s Shift Toward Bitcoin and Gold Reserves

Arthur Hayes Flags High Downside Risk in Tether’s Shift Toward Bitcoin and Gold Reserves

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BitMEX co-founder Arthur Hayes said Tether is preparing for a coming Federal Reserve rate-cut cycle by shifting more reserves into Bitcoin and gold. He pointed to the firm’s latest attestation, which shows a reduced focus on Treasury-driven returns and a stronger tilt toward alternative assets that may gain in a lower-rate environment. Hayes Warns of

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