Bringing real world currency to the blockchain.
Tether was founded by a group of Bitcoin enthusiasts and early adopters, passionate about facilitating the use of fiat currencies in a digital manner. In 2014, the company launched Tether.to, a blockchain-enabled platform aimed at disrupting the conventional financial system with a more modern approach to money.
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
Renewed expansion in stablecoins is bullish for the broader crypto market.
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