‘Tether's Excess Reserves Halved in Q1, Gold and Bitcoin Declines as Main Causes?’ (Author: Zennon Kapron, Translated by AididiaoJP, Foresight News) Tether and Fasanara Capital launched the private credit fund StableFund with an initial capital of $400 million, aiming to raise up to $3 billion. The fund targets SMEs and consumer credit across fintech platforms in over 60 countries globally. Excess reserves dropped to $4.1 billion in June, with gold and Bitcoin price fluctuations and an increase in secured loans cited as main reasons. Differences in BDO audits and accounting standards also drew attention. The source of StableFund's capital and its relationship with USDT reserves have become key risk points. Read the full article: https://www.(wublock123.com)/articles/article-59601