🚨 Tether in trouble: regulators are tightening, bitcoins are fleeing!
It seems that Tether (USDT) is under the scrutiny of regulators, and now $9 billion in BTC could hit the market.
💼 What happened?
🔹 The US wants to tighten control over stablecoins.
🔹 83% of reserves are already in order, but the rest may be forced to convert to government bonds.
🔹 This means that Tether might sell a bunch of bitcoins.
📉 Is the market in panic?
Bitcoins have already started nervously smoking in the corner, while investors check if they have a backup parachute. But should we panic? Or is this just another FUD to shake out weak hands?
Share your opinion — will there be a dump or will Tether find a loophole?
