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China’s Regulation 42 forces Tether to kill its CNHT stablecoin

Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a very different story.

Tons of tax docs awaiting Visa card issuers settling in USDC

Any US bank or fintech company that receives USDC instead of dollars will need to file timestamped records of every transaction.

Tether, the world’s largest stablecoin, has family members in top leadership positions and in partner firms.

Tether isn’t just the world’s largest stablecoin; it’s a massive investment firm with investments across countless verticals.

S&P Global Ratings has lowered Tether’s rating to its lowest possible level in its most recent Stablecoin Stability Assessment.