🔎 JPMorgan analysts warn that only 66%-83% of Tether’s reserves comply with proposed U.S. stablecoin regulations.
If the new laws pass, Tether might be forced to sell $BTC and other non-compliant assets in favor of U.S. Treasuries. 🧐
Tether currently holds 83,758 BTC worth over $8 billion, and its dominant position in the U.S. stablecoin market could come under pressure. 💰📉
With stricter reserve requirements and increased transparency demands, will a potential Tether sell-off impact the market? 👀