---
title: "Union Investment Criticizes Private Stablecoins for Structural Flaws"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286969916.md"
description: "Union Investment has criticized private stablecoins such as Tether and USDC for their structural flaws, comparing them to stealth hedge funds. The asset manager warns that their reserve assets, including Bitcoin and gold, may pose risks of losses for corporate finance teams and institutional investors during market volatility."
datetime: "2026-05-19T21:29:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286969916.md)
  - [en](https://longbridge.com/en/news/286969916.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286969916.md)
---

# Union Investment Criticizes Private Stablecoins for Structural Flaws

Union Investment has raised concerns about private stablecoins like Tether and USDC, highlighting their structural weaknesses. According to NS3.AI, the asset manager likened these stablecoins to stealth hedge funds, pointing out that their reserve assets, which include Bitcoin and gold, could lead to potential losses for corporate finance teams or institutional investors during periods of market volatility.

### Related Stocks

- [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md)
- [KGC.US](https://longbridge.com/en/quote/KGC.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [HUT.US](https://longbridge.com/en/quote/HUT.US.md)
- [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md)
- [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [USDTHKD.VAHK](https://longbridge.com/en/quote/USDTHKD.VAHK.md)
- [USDTUSD.VAHK](https://longbridge.com/en/quote/USDTUSD.VAHK.md)
- [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md)
- [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md)

## Related News & Research

- [Circle, the first stablecoin to go public, has actually issued its own token.](https://longbridge.com/en/news/286785804.md)
- [02:00 ETWSPN Launches W Agent: A Stablecoin Payment Skill Built for the AI Agent Economy](https://longbridge.com/en/news/286515700.md)
- [Bank of England weighs issuance caps over holding limits for stablecoins](https://longbridge.com/en/news/286982766.md)
- [Circle pushes Arc: The stablecoin war enters the "blockchain war" era.](https://longbridge.com/en/news/286090375.md)
- [Zerohash secures first EMI license under MiCA for stablecoin and brokerage services in Europe](https://longbridge.com/en/news/286810621.md)