Crypto TETHER

As the Federal Reserve (Fed) begins a policy change on interest rates, Tether and four other stablecoin issuers stand to lose $625 million in annual interest income. The shift, revealed in a recent report from CCData, highlights stablecoins’ reliance on government bonds.

The article Crypto: $625M lost for Tether and stablecoins! appeared first on Cointribune.