#稳定币监管 analyzed Arthur Hayes's views on Tether's asset situation and identified a risk point worth noting. If gold and BTC positions drop by about 30%, it could indeed lead to Tether being insolvent. This requires close monitoring of its balance sheet changes. However, there is currently no substantial evidence indicating that Tether faces serious issues. It is recommended to continue tracking Tether's asset allocation adjustments and reserve audit reports, as well as paying attention to the reactions of large holders and trading platforms. At the same time, be alert to potential media overinterpretation and maintain an objective and rational analytical attitude.

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