Ripple CEO Brad Garlinghouse recently highlighted concerns over the United States government’s scrutiny of stablecoin issuer Tether, suggesting it could have unpredictable consequences for the cryptocurrency markets. In a podcast episode of World Class on May 10, Garlinghouse expressed a conviction that regulatory action against Tether was imminent, likening it to a “black swan” event that could shake the crypto industry. The Ripple CEO’s assertion stems from his belief that US authorities are intensifying their focus on Tether, the issuer behind the world’s largest stablecoin by market capitalization, USDT. While he refrained from explicitly labeling potential US action against Tether as the next black swan event, he emphasized its significance as an issue to monitor closely.
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Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,943.00
▲ +0.80%
ETH
$1,916.74
▲ +0.60%
USDT
$0.999444
▲ +0.00%
BNB
$592.59
▲ +0.30%
USDC
$0.999686
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$74.03
▲ +1.60%
TRX
$0.327189
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.50
▼ -2.90%
DOGE
$0.069814
▲ +1.60%
USDS
$0.999924
▲ +0.00%
RAIN
$0.012717
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$512.40
▲ +3.50%
ADA
$0.201242
▼ -1.80%
XMR
$372.09
▲ +1.80%
WBT
$56.18
▲ +0.70%
LINK
$8.21
▼ -0.50%
XLM
$0.161789
▲ +0.40%
DAI
$0.999978
▲ +0.00%
BCH
$216.46
▲ +1.30%
USD1
$0.999764
▲ +0.00%
USDE
$0.999807
▲ +0.00%
GRAM
$1.35
▼ -2.00%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,943.00
▲ +0.80%
ETH
$1,916.74
▲ +0.60%
USDT
$0.999444
▲ +0.00%
BNB
$592.59
▲ +0.30%
USDC
$0.999686
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$74.03
▲ +1.60%
TRX
$0.327189
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.50
▼ -2.90%
DOGE
$0.069814
▲ +1.60%
USDS
$0.999924
▲ +0.00%
RAIN
$0.012717
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$512.40
▲ +3.50%
ADA
$0.201242
▼ -1.80%
XMR
$372.09
▲ +1.80%
WBT
$56.18
▲ +0.70%
LINK
$8.21
▼ -0.50%
XLM
$0.161789
▲ +0.40%
DAI
$0.999978
▲ +0.00%
BCH
$216.46
▲ +1.30%
USD1
$0.999764
▲ +0.00%
USDE
$0.999807
▲ +0.00%
GRAM
$1.35
▼ -2.00%
BTC
$64,943.00
▲ +0.80%
ETH
$1,916.74
▲ +0.60%
USDT
$0.999444
▲ +0.00%
BNB
$592.59
▲ +0.30%
USDC
$0.999686
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$74.03
▲ +1.60%
TRX
$0.327189
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.50
▼ -2.90%
DOGE
$0.069814
▲ +1.60%
USDS
$0.999924
▲ +0.00%
RAIN
$0.012717
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$512.40
▲ +3.50%
ADA
$0.201242
▼ -1.80%
XMR
$372.09
▲ +1.80%
WBT
$56.18
▲ +0.70%
LINK
$8.21
▼ -0.50%
XLM
$0.161789
▲ +0.40%
DAI
$0.999978
▲ +0.00%
BCH
$216.46
▲ +1.30%
USD1
$0.999764
▲ +0.00%
USDE
$0.999807
▲ +0.00%
GRAM
$1.35
▼ -2.00%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,943.00
▲ +0.80%
ETH
$1,916.74
▲ +0.60%
USDT
$0.999444
▲ +0.00%
BNB
$592.59
▲ +0.30%
USDC
$0.999686
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$74.03
▲ +1.60%
TRX
$0.327189
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.50
▼ -2.90%
DOGE
$0.069814
▲ +1.60%
USDS
$0.999924
▲ +0.00%
RAIN
$0.012717
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$512.40
▲ +3.50%
ADA
$0.201242
▼ -1.80%
XMR
$372.09
▲ +1.80%
WBT
$56.18
▲ +0.70%
LINK
$8.21
▼ -0.50%
XLM
$0.161789
▲ +0.40%
DAI
$0.999978
▲ +0.00%
BCH
$216.46
▲ +1.30%
USD1
$0.999764
▲ +0.00%
USDE
$0.999807
▲ +0.00%
GRAM
$1.35
▼ -2.00%
