Senator Blumenthal probes ties between Tether and Cantor Fitzgerald
Increased scrutiny on Tether's operations could lead to stricter regulations for stablecoins, impacting their liquidity and institutional adoption
Why it matters
Regulatory risk around USDT can change volatility, liquidity, or sentiment. The concrete detail to watch is increased scrutiny on Tether's operations could lead to stricter regulations for stablecoins, impacting their liquidity and institutional adoption
