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🔥ARTHUR HAYES WARNS $USDT COULD GO INSOLVENT
Hayes says Tether is betting on Fed cuts, which would make their interest income drop, so they’re buying gold and Bitcoin to make up for it.
But a ~30% crash in those holdings could make USDT “theoretically insolvent,” he warns.
#DecemberRateCutForecast #CryptoMarketRebounds