#Tether储备资产风险 Analyzing the USDT reserve structure, it is found that the Bitcoin holdings account for 5.6%, exceeding the safety margin of 3.9%. This allocation strategy clearly bets on an interest rate cut, but also brings higher risk exposure. If both Bitcoin and gold decline by 30% simultaneously, USDT would theoretically face the risk of insolvency. However, Tether's quarterly profits and US debt holdings remain substantial and can offset potential short-term gaps. Overall, the USDT reserve structure is tilted towards high-risk assets, requiring close attention to its risk management capabilities and the impact of market volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Tether储备资产风险 Analyzing the USDT reserve structure, it is found that the Bitcoin holdings account for 5.6%, exceeding the safety margin of 3.9%. This allocation strategy clearly bets on an interest rate cut, but also brings higher risk exposure. If both Bitcoin and gold decline by 30% simultaneously, USDT would theoretically face the risk of insolvency. However, Tether's quarterly profits and US debt holdings remain substantial and can offset potential short-term gaps. Overall, the USDT reserve structure is tilted towards high-risk assets, requiring close attention to its risk management capabilities and the impact of market volatility.