Tether’s financials are precarious; a price decline could lead to insolvency.
Even a loss of 0.3% in the value of Tether’s reserve assets may “render Tether technically insolvent,” according to an article published in the Wall Street Journal (WSJ). Tether’s balance sheet is in poor health, and even a little dip might force the company to become insolvent. In an article published on August 27, 2018,…