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I would put this article down as mostly FUD. I suspect Tether is raising because they can and that they will put the funds toward market expansion. Everybody and their brother is putting out a stablecoin, they're going to have to defend their turf somehow.
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172 sats \ 0 replies \ @grayruby 14h
Because they can. Why not sell overvalued equity when your profits are about to shrink if short term rates decline with Fed rate cuts.
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70 sats \ 0 replies \ @nout 9h
Reserves don't matter, what matters is cashflows
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