Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.
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The crackdown on overseas cash comes after billionaire Tether investor and Reform donor Christopher Harborne registered to vote in the UK.
Read full articleThe reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.
The sale highlights potential shifts in Tether's market dynamics, raising questions about transparency and regulatory impacts on its valuation. The post Tether’s former CIO plans sale of stake in stablecoin giant appeared first on Crypto Briefing.
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. TL;DR This article was written by the News Desk and edited by Samuel Rae .
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