Mass USDT, USDC issuing comes under regulatory scrutiny

Tether’s recent print of $1 billion USDT drew attention against the backdrop of US federal agencies’ plan to press down on stablecoin issuers. Watchdogs’ major concerns involve the issuance backings that have been proven to be misleading in the past. After Tether, Circle issued $5 billion, which had no way but to come under scrutiny, […] The post Mass USDT, USDC issuing comes under regulatory scrutiny appeared first on Invezz.