Consumers’ Research Warns: Is Tether the Next FTX?
In a report released on September 12, Consumers’ Research, a prominent U.S. consumer advocacy group, raised concerns about the stablecoin issuer Tether (USDT). The group called out Tether for its persistent lack of transparency regarding its U.S. dollar reserves, which the company claims back its stablecoin on a one-to-one basis. ... Read more
