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Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino. In an exclusive interview with Cryptox on the sidelines of the World Economic Forum
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If the algorithmic-based stablecoin keeps growing this fast, there could be major risks to market stability, analysts and researchers say. Source
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U.S. lawmakers signaled this year that stablecoins may be a threat to financial stability and could prove to be systemically important beyond crypto. Often unnamed in official reports, tether is never far from mind. The largest stablecoin, by far, USDT has ballooned this year along with the crypto market (it’s
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