Tether’s USDT Faces Criticism Over Transparency and Alleged Regulatory Evasion 🏛️
Tether, known as the largest stablecoin issuer of USDT, is currently facing criticism from a consumer protection group. The group has raised issues regarding Tether's transparency, alleging that the company does not provide sufficient clarity about its USD reserves.
Furthermore, there are accusations of regulatory evasion, leading to increased scrutiny of Tether's practices within the cryptocurrency community.
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