Tether is pushing USDT into a cracking $3 trillion Wall Street debt machine as defaults hit five-year highs at major funds

The USDT issuer will originate and advise on deals while Fasanara manages the $400 million-backed fund, which targets up to $3 billion from outside institutions. The post Tether is pushing USDT into a cracking $3 trillion Wall Street debt machine as defaults hit five-year highs at major funds appeared first on…
Coins in this story
Discussion
Related stories

Hunter Biden launched LAPTOP to cure memecoin grift and created a whole new batch of losers
Hunter Biden’s LAPTOP token left nearly 80% of traders underwater within hours despite being pitched as an answer to memecoin grift. Hunter Biden is the son of former US President Joe Biden. Data from Bubblemaps showed that 12,151 of the token’s 15,206 traders lost money, while only 3,026 were profitable and 29 were…

Trezor, BitBox warn users about fake hardware wallet security alerts
BitBox said multiple Bitcoin companies appeared to have been targeted through a shared newsletter provider, while Trezor confirmed a breach at its email service.

US sanctions Xinbi scam marketplace, restrains $52M in crypto
The Justice Department seized Xinbi’s Telegram channels and two wallets as investigators pursued 47 additional wallets across its alleged laundering network.