Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.

JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty."

Tether, the operator of the USDt (USDT) stablecoin, has slammed JPMorgan analysts who suggested it may need to sell Bitcoin (BTC) to comply with proposed stablecoin regulations in the US. On Feb. 12,

JPMorgan analysts have warned that Tether may need to sell off non-compliant assets, including Bitcoin, precious metals, corporate paper, and secured loans.

Tether's Paolo Ardoino isn't so happy about a report by JPMorgan analysts suggesting the stablecoin behemoth may need to dump its Bitcoin holdings due to non-compliance with recently-introduced stablecoin bills in the U.

The US has introduced two stablecoin bills to regulate stablecoin issuers. According to JPMorgan analysts, for Tether to follow the planned US stablecoin rules, it might have to sell assets that don’t follow the rules.

JPMorgan warns Tether may sell Bitcoin amid U.S. stablecoin regulations, triggering a BTC drop. Meanwhile, Bitcoin’s falling wedge pattern hints at a breakout to $100K+.

JPMorgan analysts highlighted that Tether may need to sell non-compliant assets such as Bitcoin to meet U.S. regulatory requirements.