#美参议员调查cantorfitzgerald与tether关系
👉 稳定币监管怎么看，币安聊天室跟进
A U.S. senator has stepped in.
The focus is the relationship between an established brokerage and Tether.
He has asked the firm to explain the business dealings between the two.
The main concerns are stablecoin reserves and underwriting arrangements.
What is he asking?
How much underwriting has the brokerage done for Tether?
What kinds of assets are in the reserves?
Have customer funds been mixed with the firm's own money?
These questions have gone unanswered for years.
At heart, they all ask the same thing: where is the money?
Why ask now?
The stablecoin market is growing.
Stablecoins are now woven into Treasury markets and payments.
Regulators want to understand how the system is structured before something goes wrong again.
The question of transparency will have to be answered sooner or later.
There is another point of view, too.
Some say this is laying the groundwork for compliance.
Clarifying the relationship could help major institutions embrace the product.
For the issuer, being under scrutiny isn't necessarily a bad thing. At least the rules will become clearer.
For crypto, stablecoins are the deepest pool of cash on-chain. Their compliance is now in the spotlight.
How much of a stablecoin's reserves do you think should be made public? Let's talk in the comments.
👉 稳定币监管怎么看，币安聊天室跟进
A U.S. senator has stepped in.
The focus is the relationship between an established brokerage and Tether.
He has asked the firm to explain the business dealings between the two.
The main concerns are stablecoin reserves and underwriting arrangements.
What is he asking?
How much underwriting has the brokerage done for Tether?
What kinds of assets are in the reserves?
Have customer funds been mixed with the firm's own money?
These questions have gone unanswered for years.
At heart, they all ask the same thing: where is the money?
Why ask now?
The stablecoin market is growing.
Stablecoins are now woven into Treasury markets and payments.
Regulators want to understand how the system is structured before something goes wrong again.
The question of transparency will have to be answered sooner or later.
There is another point of view, too.
Some say this is laying the groundwork for compliance.
Clarifying the relationship could help major institutions embrace the product.
For the issuer, being under scrutiny isn't necessarily a bad thing. At least the rules will become clearer.
For crypto, stablecoins are the deepest pool of cash on-chain. Their compliance is now in the spotlight.
How much of a stablecoin's reserves do you think should be made public? Let's talk in the comments.