Tether’s New Role: What It Means for Crypto
Tether is becoming a quasi-sovereign allocator, with serious implications for the global markets. They are holding huge amounts of U.S. Treasuries, which isn’t just for show. This move could bring systemic risks to the crypto landscape, affecting liquidity and stability. As crypto companies and financial tech startups grapple with this new reality, it’s essential to understand exactly what Tether’s role is and how it might affect them.
Why Centralization in Stablecoins is Risky
When you have a centralized player like Tether, it raises a lot of concerns. Everyone relies on a single entity to manage reserves properly. If Tether stumbles, the whole market could feel the fallout. Their reserves aren’t just cash; they also include…
