Tether 管理层今年给自己颁发了大额股息，表明他们相信美国当局即将对世界上最大的稳定币进行打击的报道

Tether 发布了最新的季度储备资产“证明”，据称支持截至 9 月 30 日已发行的 1194 亿美元 USDT 稳定币。

Tether management has paid themselves major dividends this year, suggesting they believe reports that U.S. authorities are about to drop the hammer on the world’s largest stablecoin.

Tether 管理层今年已经为自己支付了巨额股息，这表明他们相信有关美国当局即将对全球最大稳定币进行打击的报道。

On Wednesday, Tether disclosed that its market cap increased by $27.8 billion in the first nine months of 2024, reaching $96.4 billion. This surge is almost equivalent to the entire market cap of its closest competitor.

周三，Tether 披露，其市值在 2024 年前 9 个月增加了 278 亿美元，达到 964 亿美元。这一增幅几乎相当于其最接近竞争对手的整个市值。

Tether’s Q3 attestation also revealed that its alleged T-bill stash ranks among the top 18 holders globally if it were classified as a country, putting it above Germany, Australia, and the UAE.

Tether 的第三季度证明还显示，如果将其列为一个国家，其所谓的国库券持有量在全球排名前 18 位，高于德国、澳大利亚和阿联酋。

Tether supporters often use this stat to claim some kind of immunity to U.S. legal action, but Tether’s T-bills represent a mere 0.0027% of the total $36 billion in circulating T-bills, so maybe don’t throw away that criminal attorney’s business card just yet.

Tether 支持者经常利用这一统计数据来声称对美国法律诉讼享有某种豁免权，但 Tether 的国债仅占流通国债总额 360 亿美元的 0.0027%，所以也许不要扔掉那位刑事律师的名片还没有。

Tether’s Ardoino recently acknowledged his company’s vulnerability due to most of its apples being in Cantor Fitzgerald’s basket, admitting that “if the U.S. wanted to kill us, they can press a button and kill us everywhere.”

Tether 的 Ardoino 最近承认，由于该公司的大部分苹果都在 Cantor Fitzgerald 的篮子里，因此该公司存在脆弱性，并承认“如果美国想杀死我们，他们可以按一个按钮，在任何地方杀死我们。”

And yet it was only last year that Tether warned the market about “the risks stablecoin users face while holding a stablecoin that has a significant jurisdictional concentration in one country or banking system.”

然而，直到去年，Tether 才向市场发出警告，称“稳定币用户在持有司法集中在一个国家或银行系统的稳定币时面临风险”。

That warning came after Circle nearly lost $3.3 billion via the failure of Silicon Valley Bank (SVB), which held a good chunk of Circle’s cash reserves. Circle was ultimately saved when the U.S. federal government stepped in with a bail-out of SVB’s depositors, proving once again that there are no atheists in foxholes and no libertarians in financial holes of their own making.

此前，Circle 因持有 Circle 大量现金储备的硅谷银行 (SVB) 倒闭而损失了 33 亿美元。当美国联邦政府出面救助SVB的储户时，Circle最终得救了，这再次证明散兵坑里不存在无神论者，也不存在陷入自己造成的财务困境的自由主义者。

In addition to rumors of Department of Justice (DoJ) indictments being prepared, U.S. Treasury meetings are showing renewed interest in bringing some regulatory order to the stablecoin market in the hopes of avoiding a repeat of the ‘wildcat banking’ era of the 19th century.

除了有关司法部 (DoJ) 正在准备起诉书的传言之外，美国财政部会议也表现出了对稳定币市场实施一些监管命令的新兴趣，希望避免重蹈 19 世纪“野猫银行”时代的覆辙。

With Tether HQ looking like the Führerbunker circa April 1945, senior management is showing less compunction about dipping into Tether’s ‘excess reserves.’ The Q3 attestation shows dividend distributions topping $550 million so far this year, and hey, Christmas is coming, so let it snow, let it snow, let it snow.

Tether 总部看起来就像 1945 年 4 月左右的元首地堡，高级管理层对于动用 Tether 的“超额储备”表现得不再那么内疚。第三季度的证明显示，今年迄今为止的股息分配已超过 5.5 亿美元，嘿，圣诞节即将到来，所以让它下雪吧，让它下雪吧，让它下雪吧。

Meanwhile, Tether’s self-aggrandizing promotional activities show no sign of letting up. The Q3 PR offered lofty proclamations of “transcending traditional financial boundaries,” including the boundaries imposed on the use of the U.S. dollar by the people that issue the U.S. dollar.

与此同时，Tether自我夸大的促销活动丝毫没有停止的迹象。第三季度公关高调宣称“超越传统金融界限”，包括美元发行者对美元使用施加的界限。

Tether also boasts about “enabling access to a stable financial system,” again ignoring that this stability was not built by Tether, nor was Tether ever given permission to enable access by pig butcherers, money launderers, and sanctions-dodgers.

Tether 还吹嘘“能够进入稳定的金融体系”，但再次忽视了这种稳定性不是由 Tether 建立的，Tether 也从未获得允许生猪屠宰者、洗钱者和逃避制裁者进入的许可。

As Bloomberg’s Matt Levine recently observed, the line Tether is walking here is a very fine one: “‘We are a way to send dollars without quite as much interference from the U.S. government’ is a good pitch, but not if the U.S. government hears it.”

正如彭博社的马特·莱文 (Matt Levine) 最近观察到的那样，Tether 在这里走的路线非常好：“‘我们是一种在不受美国政府干预的情况下发送美元的方式’，这是一个很好的宣传，但如果美国政府听到的话，情况就不是这样了。”它。”