Regulators raise concerns about stablecoin Tether‼️ #shorts

Tether's circulating supply has dropped from an all-time high of $84 billion on May 11 to roughly $73 billion as of Monday.

After the collapse of UST, the world's third-largest stablecoin, regulators have expressed concern regarding stablecoins.

The UST crisis has drawn attention to other stablecoins, including tether.

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#Tether #USDT #stablecoins

Source:
https://www.msn.com/en-us/money/markets/tether-withdrawals-top-2410-billion-as-regulators-raise-alarm-about-stablecoins/ar-AAXBNWh

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