Stablecoin issuer Tether has taken aim at The Wall Street Journal in its recent blog post, claiming that the reputable media outlet published « false information » in its recent article.
In a report published on Sunday, the WSJ claims that even a 0.3% loss in Tether’s assets could make the controversial stablecoin issuer « technically insolvent, » meaning that its assets barely outweigh its liabilities.
Tether claims that the report is part of « an agenda » to hurt its image since it is not the only stablecoin issuer with tight margins.