🚨Tether is switching lanes before the Fed blinks.
U.S. Treasuries are being trimmed, while Gold + Bitcoin are getting stacked heavier in reserves.
Arthur Hayes called it early: this looks like a macro strategy ahead of coming U.S. rate cuts.
S&P is skeptical though. It currently rates Tether’s stability as Weak (score 5) because of rising exposure to assets that move hard when markets shake.
Paolo Ardoino stays firm: No toxic assets. No shady reserves. Just building outside the old banking rails.
Translation?
Tether isn’t just holding dollars, it’s placing a bet on the next phase of global liquidity.
And if the bet pays? The industry will never look at stablecoins the same again.
XRP
2.0614
-4.97%