Arthur Hayes Warns of Tether’s High-Risk Investment Strategy

Crypto trader and investor Arthur Hayes has raised alarm bells about Tether’s reserves strategy, suggesting the company is taking a risky gamble with its assets. In a recent Twitter post, Hayes analyzed Tether’s latest attestation report and found evidence of a significant shift in their investment approach. He contends that Tether is no longer simply backing USDT with cash-like instruments; it has become more heavily involved in leveraged macro trades, directly tied to Federal Reserve policy. ]