The post Is the Tether (USDT) FUD Real? An Experienced Expert Responds appeared on BitcoinEthereumNews.com. CoinShares Head of Research James Butterfill gave a clear response to the Tether debate that has flared up again in the cryptocurrency markets in recent days. Butterfill stated that comments from Arthur Hayes and S&P Global regarding Tether’s bankruptcy risk were “taken too seriously by the market.” Pointing to Tether’s latest report, Butterfill noted that the company had $174.45 billion in liabilities against approximately $181 billion in reserves, resulting in a surplus of approximately $6.8 billion. He noted that Tether, which generated $10 billion in profit in the first three quarters of 2025, is one of the most profitable companies in the sector. Butterfill’s assessment wasn’t limited to Tether. The analyst noted that Japan was at the center of the recent volatility in global markets, adding that the increasing stress on long-term Japanese government bonds was straining global liquidity. He added that the weak demand seen in the 20-year JGB auction, in particular, indicated that Japanese capital, which has long kept global yields low, is now under pressure. Butterfill noted that Japanese institutions have been pouring significant amounts of capital into US bonds and stocks for years, noting that even a partial return of these funds could squeeze global liquidity. He added that this situation could suppress risky assets and, in the long run, bolster Bitcoin’s “alternative store of value” narrative. Butterfill noted that weak employment data from the US has also exacerbated market fragility, noting that the 32,000-person employment decline makes a rate cut more likely in December, but that financial conditions remain tight. This tightness was among the factors that triggered the recent pullback in crypto assets. Butterfill also commented on the renewed discussions surrounding Tether’s bankruptcy, arguing that current data doesn’t indicate a risk. He noted that the company has a large capital surplus and that the… The post Is the Tether (USDT) FUD Real? An Experienced Expert Responds appeared on BitcoinEthereumNews.com. CoinShares Head of Research James Butterfill gave a clear response to the Tether debate that has flared up again in the cryptocurrency markets in recent days. Butterfill stated that comments from Arthur Hayes and S&P Global regarding Tether’s bankruptcy risk were “taken too seriously by the market.” Pointing to Tether’s latest report, Butterfill noted that the company had $174.45 billion in liabilities against approximately $181 billion in reserves, resulting in a surplus of approximately $6.8 billion. He noted that Tether, which generated $10 billion in profit in the first three quarters of 2025, is one of the most profitable companies in the sector. Butterfill’s assessment wasn’t limited to Tether. The analyst noted that Japan was at the center of the recent volatility in global markets, adding that the increasing stress on long-term Japanese government bonds was straining global liquidity. He added that the weak demand seen in the 20-year JGB auction, in particular, indicated that Japanese capital, which has long kept global yields low, is now under pressure. Butterfill noted that Japanese institutions have been pouring significant amounts of capital into US bonds and stocks for years, noting that even a partial return of these funds could squeeze global liquidity. He added that this situation could suppress risky assets and, in the long run, bolster Bitcoin’s “alternative store of value” narrative. Butterfill noted that weak employment data from the US has also exacerbated market fragility, noting that the 32,000-person employment decline makes a rate cut more likely in December, but that financial conditions remain tight. This tightness was among the factors that triggered the recent pullback in crypto assets. Butterfill also commented on the renewed discussions surrounding Tether’s bankruptcy, arguing that current data doesn’t indicate a risk. He noted that the company has a large capital surplus and that the…

                                                                               Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year.                     Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established companies.As Cointelegraph previously reported, the third quarter saw a similar pattern: total funding climbed to $4.65 billion, according to Galaxy Digital, but deal counts lagged as capital flowed primarily to bigger, more mature firms.November reflected the same divergence. Figures from RootData showed only 57 disclosed crypto funding rounds during the month — one of the weakest tallies of the year — despite headline-grabbing raises such as Revolut’s $1 billion round and Kraken’s $800 million raise ahead of its anticipated initial public offering.Read more