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Former Citi Analyst Refutes Arthur Hayes’ Tether Insolvency Claims

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Story Highlights* A former Citi crypto research head pushes back on Arthur Hayes’ warning about Tether’s solvency.

  • He reveals Tether’s undisclosed corporate assets and massive profits that aren’t reflected in public reserves.
  • His breakdown suggests USDT may be far stronger, and far more profitable, than critics assume.
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