⚡️🚨 Tether may have to sell its…

⚡️🚨 Tether may have to sell its #Bitcoin to comply with proposed US regulations on stablecoins.

Indeed, according to JP Morgan analysts, only 66% to 83% of Tether's reserves comply with these proposed rules, which could necessitate an asset restructuring.

If either regulation is adopted (STABLE or GENIUS act), Tether may have to replace BTC and other non-compliant assets with US Treasury bonds and liquid reserves.

Tether currently holds around 83,758 BTC, worth over $8 billion at current prices.