Should Tether’s shrinking cash reserves be cause for investor worry?
USDT, the world’s largest stablecoin, is now backed by much smaller cash reserves than before. XREX analyzes the risks.
Articles by
Michael Shing
Michael Shing is the director of risk management for XREX Inc., where he is focused on emerging cryptocurrency regulation and risk assessments of crypto firms. Previously, Michael spent over 10 years at the U.S. Federal Reserve branches in New York and San Francisco, where he was involved in ensuring the safety of the largest banking institutions by assessing risk management practices. He has also worked for UBS and Merrill Lynch.