🛑"Tether may be under significant pressure", — says Ripple CEO

Ripple CEO Brad Garlinghouse recently warned of a potential "Black Swan event"* due to the increasing pressure on the company Tether, that could destabilize the stablecoin market.

Black Swan event is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.