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Washington has $114 billion reasons to want Tether around

CryptoSlate
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Washington has $114 billion reasons to want Tether around

Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatiable appetite for American debt is the main argument for sending those tokens further around the world. The distance between those two positions tells us a great deal about where crypto ended up. Tether built a […] The post Washington has $114 billion reasons to want Tether around appeared first on CryptoSlate.

Key Takeaways

  1. Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens.
  2. Today, the company's insatiable appetite for American debt is the main argument for sending those tokens further around the world.
  3. The distance between those two positions tells us a great deal about where crypto ended up.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.