How tether's unprecedented trading volume raises alarms among regulators

How Tether’s Unprecedented Trading Volume Raises Alarms Among Regulators

In April, the digital currency Tether, despite having a market capitalization 30 times smaller than that of Bitcoin, reported a daily trading volume of roughly $21 billion, noticeably surpassing Bitcoin’s $17 billion, as outlined by CoinMarketCap.com. This significant shift has sparked a heightened sense of concern among regulatory bodies. Tether’s trading volume on a monthly …