The Coin That Could Destroy Crypto
As cryptocurrency prices plummeted, attention has been drawn to a potential vulnerability: Tether’s dependence on the stablecoin Tether. SAN FRANCISCO — The prices of cryptocurrency is falling. In a matter of days, a stablecoin had lost all its value. The withdrawals were stopped by a new crypto bank. Investors have been plunged into financial ruin. Now The crypto industry is facing a grimmer prospect: …
