JPMorgan Says Stricter KYC/AML Rules Could Cripple USDT Dominance
In a recent research report, American financial giant JPMorgan warned about Tether (USDT), the leading stablecoin in the crypto market. The report highlighted vulnerabilities stemming from Tether’s reliance on the American market and impending regulatory scrutiny. While Tether operates outside the United States, the report underscores that U.S. regulators possess avenues to influence the stablecoin’s...