Fears of Heightened Stablecoin Regulation Prompt $10B Tether Withdrawal

Tether is the largest stablecoin in the world. Promising a secure investment free from the drama surrounding other cryptocurrencies, in early May the company held an all-time-high supply of $84.2 billion. With the currency designed to have its value tied to that of the U.S. dollar, Tether offered investors the appearance of a safe bet...