Tether Holdings has every fucking red flag a company can have. Every one.. it checks all the boxes.
People who say it’s a nonissue don’t understand the inner workings of the crypto ecosystem. Tether blowing up will crush it. Destroy the precious faith that it can’t live without
It’s gonna very interesting and dramatic when the regulations are complete and entities like Tether get exposed. It will cause a run on USTC and a collapse of the crypto trading world. I expect some crypto exchanges to implode.