🤯 #USDT In #WSJ , another "exposing" article about #Tether was rolled out

"The shadow dollar that feeds the financial underworld"

✔ Key points:

- Tether allows you to create a "parallel economy" that operates beyond the reach of US law enforcement.

- Russia, Venezuela, and Iran use USDT to circumvent sanctions.

- Cryptocurrency is the main tool for moving assets abroad.

- Teher's activities undermine US efforts to combat arms dealers, sanctions violators, and fraudsters.

- USDT overtakes Visa in terms of money turnover, and Teher's profit is higher than BlackRock's.

- Russia, Venezuela, and Iran use USDT for shadow oil sales, settlements with China, and other manipulations.

– Russian oligarchs pay in USDT for real estate and sanctioned goods.

– BUT at the same time...USDT is a salvation for countries with high inflation (such as Argentina and Turkey)

– Blocking wallets is “playing to the crowd”.

– Of the 2,713 wallets with assets worth $153 billion, blacklisted by Tether, the issuer was able to freeze only $1.4 billion. The criminals have already managed to withdraw the rest of the money.