[CoinShares Head of Research Says Concerns About Tether Are Unfounded, Data Shows No Systemic Flaws] On December 6, CoinShares Head of Research James Butterfill refuted concerns about Tether's solvency in the December 5 market dynamics report. He stated that, according to Tether's latest audit report, its reserve assets amount to $181 billion, with liabilities of approximately $174.45 billion, leaving a surplus of nearly $6.8 billion. He believes that while risks associated with stablecoins should not be ignored, current data does not indicate systemic flaws. Additionally, Tether has generated $10 billion in profits in the first three quarters of this year, remaining one of the most profitable companies in the sector.