The reason banks are terrified of Tether and stablecoins is because banks are way under-collateralized in comparison. $150+ Trillion in assets are on the line and people now have new tools to store value.

Per the BIS, the average CET1 Capital ratio for banks is 13.4%. Meanwhile stablecoins like Tether are over-collateralized (short term U.S. treasuries + BTC & Gold hedge). Tether’s balance sheet looks better than practically any bank balance sheet.

Gabor Gurbacs

Twitter

Bitcoin at Block – the Bitcoin project of Block , the company founded by Twitter co-founder Jack Dorsey – has just announced the launch of a free Bitcoin Faucet, marking the return of the Bitcoin distribution model...

Jack Dorsey announces a $1 million project to give away free Bitcoin.

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The article, "Michael Saylor Warns BIP-110 is the Biggest Threat to Bitcoin; Four-Year Cycle is Dead, Institutional Capital is the Real Protagonist," was first published on BlockTempo, the most influential blockchain ABMedia media.

Michael Saylor warns that BIP-110 is the biggest threat to Bitcoin; the four-year cycle is dead, and institutional capital is the real protagonist.

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The article, titled "Gold Surpasses US Treasury Bonds for the First Time in 30 Years! Becoming the World's Largest Foreign Exchange Reserve, Why is BlockTempo Bank Asset Allocation Logic Being Rewritten?", was originally published on BlockTempo, the most influential blockchain ABMedia media.

Gold surpasses US Treasury bonds for the first time in 30 years! Becoming the world's largest foreign exchange reserve, why is central bank asset allocation logic being rewritten?