Tether plans to stop using loans denominated in its tether stablecoin throughout 2023, following a report on the potentially risky practice (Wall Street Journal)

Tether plans to stop using loans denominated in its tether stablecoin throughout 2023, following a report on the potentially risky practice (Wall Street Journal)

Wall Street Journal:
Tether plans to stop using loans denominated in its tether stablecoin throughout 2023, following a report on the potentially risky practice  —  The rapid growth of Tether’s lending program raised concerns about its ability to meet redemptions in a crisis  —  FTX Collapse Hearing: Key Moments From John J. Ray’s Testimony