币界网报道：Bitcoin’s price could face further declines amid concerns over Tether’s stability, according to analysts. The world’s largest stablecoin, USDT, has seen its market cap drop by $7 billion since May, raising fears of potential liquidity issues. Some experts warn that if Tether faces a crisis, Bitcoin—which often correlates with USDT trading volumes—could experience significant downward pressure. Market observers note that Tether’s dominance in crypto trading pairs means any instability could ripple across the market. Meanwhile, Tether’s CTO Paolo Ardoino dismissed concerns, stating the company maintains ample reserves and processes $5-10 billion in redemptions monthly without issues. However, skeptics point to Tether’s opaque auditing practices and past regulatory scrutiny as lingering risks. The situation highlights the crypto market’s vulnerability to stablecoin-related shocks.