Tether alters terms of service in Singapore restricting USDT redemption for certain customers

In a surprising turn of events, Tether, the world’s largest stablecoin issuer behind USDT, has made significant amendments to its Terms of Service (ToS) that impact its customers in Singapore. The alterations have raised concerns among users, particularly those associated with the decentralized finance protocol Cake. Tether’s restriction on USDT redemption The CEO of Cake…

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