The Tether Typhoon is About to Make Landfall (Or Not)

Traders use it, exchanges love it, and users, well, use it. But the tango with Tether is about to come to an abrupt halt, not because Tether isn’t fully backed, that’s not the right question, but because it’s backed by the wrong sort of dollars.



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Patrick Tan

General Counsel for ChainArgos, a blockchain analytics company made famous for breaking the story that BUSD was unbacked periodically, and CEO for Novum Alpha.