CEX Lianchuang: The Tether team is in the early stages of a large-scale Intrerest Rate trading.

[CEX Launch: The Tether team is in the early stages of a large-scale interest rate trade] CEX co-founder Arthur Hayes posted on social media that the Tether team is in the early stages of a large-scale interest rate trade. My interpretation of this audit report is that they believe the Fed will implement rate cuts, which will severely weaken their interest income. In response, they are buying gold and Bitcoin; theoretically, when the cost of funds decreases, the prices of these assets should rise significantly. If gold and Bitcoin holdings experience a drop of about 30%, it will exhaust its capital, and theoretically, USDT will fall into a state of insolvency. I believe some large holders and exchanges will demand to view their balance sheets (B/S) in real-time to assess Tether's solvency risk. Get your popcorn ready, as I expect mainstream media (MSM) will make a big deal out of this, especially those editors suffering from “Trump Derangement Syndrome” (TDS) — who have already been dissatisfied due to Lutnick and Cantor's support for this stablecoin, and will take this opportunity to strike.