Why the US is targeting USDT again. Stagflation is hard to save, and interest rate cuts are imperative!

The price of USDT (Tether) has fluctuated recently,

This phenomenon has not only attracted widespread attention from the market, but also triggered in-depth discussions on the increasingly stringent scrutiny of the US government against it.

Ripple CEO Brad Garlinghouse's insights In a recent interview with the World Class podcast, Ripple CEO Brad Garlinghouse expressed his views on the US government's scrutiny of Tether (USDT).

He emphasized that Tether's core position in the cryptocurrency market cannot be ignored, and pointed out that this increase in regulation may have a far-reaching impact on the entire cryptocurrency field. Increased scrutiny of stablecoins As the largest issuer of stablecoins,

Tether (USDT)'s reserve transparency and operating practices are under more stringent scrutiny. The core focus of this review is whether Tether Holdings Limited, the entity behind USDT, has sufficient reserve assets to support the issued stablecoins.

This concern is not groundless. It stems from past events and ongoing investigations that have questioned Tether's transparency claims. Legal Challenges and Regulatory Responses After facing charges of illegal activities including terrorist financing,

Tether has become a focus of attention for regulators and law enforcement. The U.S. Department of Justice and the Manhattan U.S. Attorney's Office have been actively investigating these allegations, which has undoubtedly exacerbated the controversy over the stability and reliability of Tether's financial support. In this context, the U.S. government's review of USDT is not only a focus on a single project, but also a consideration of the entire stablecoin market and its impact on the entire cryptocurrency ecosystem.

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