Why Tether’s Collapse Would Be Bad for Cryptocurrencies


Tether, a so-called “stablecoin,” is in trouble. Its collapse could trigger a crypto version of a bank run, potentially toppling exchanges and cratering the price of bitcoin and other cryptocurrencies

Posted by Sandra Upson on January 31, 2018 @ https://www.wired.com/story/why-tethers-collapse-would-be-bad-for-cryptocurrencies

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