
Stablecoins were built arsenic a span betwixt fiat currency and the crypto economy. And for a while, that span held. The Stablecoin Power Shift Tether’s USDT became the ascendant trading brace crossed astir exchanges, contempt years of scrutiny implicit whether its reserves are genuinely backed 1:1 by U.S. dollars oregon equivalent assets similar short-term Treasuries. […]