Tether Hasn’t Printed New USDT in Weeks: 3 Possible Explanations
Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.
USDT
Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.
The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
Bitcoin and other cryptos rallied as Musk boosted bullish sentiment during The B Word conference.
SEC Chair Hints Some Stablecoins Are Securities
Jul 21, 2021
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.
USDT
