May 28, 2024

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US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

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US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO WarnsRipple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist networks and nations under sanctions, such as Russia, aiming to circumvent U.S. economic sanctions. “The U.S. […]