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Tether and US stablecoins are dead. Just Bitcoin, Gold, and CBDC remain.
The US Treasury Department recently froze $344 million held by Iran's central bank, in two digital wallets that contained Tether (USDT) Stablecoins. Tether cooperated with Treasury in these actions, intended to shut off Iranian sales of oil. Stablecoins were promoted as alternatives to traditional banks, and are in wide use outside the United ...
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