Tether issues 5 billion USDT and questionable political connections

Tether has just issued 5 billion USD USDT within the past week, which has sparked a strong reaction from the cryptocurrency market, especially as Bitcoin is on the rise. In this context, the connection between Tether and politics, particularly with an influential figure like Howard Lutnick, CEO of Cantor Fitzgerald, has drawn attention. Lutnick is regarded as a strong supporter of Tether and plays a role in Donald Trump's power transition team. He has also been nominated as Secretary of Commerce, raising concerns that this political relationship could affect the oversight of Tether.

Meanwhile, U.S. authorities are currently investigating Tether over potential violations of anti-money laundering laws. Although Tether has announced that they hold about 100 billion USD in U.S. Treasury bonds along with other assets, doubts still remain about the transparency and financial status of the company, causing ongoing concern within the cryptocurrency community.