Ripple CEO Brad Garlinghouse carelessly spoke about Tether
More and more countries are announcing the use of USDT as reserves, which only exacerbates the potential risks. The United States, South Korea, Japan, the United Kingdom and Canada could be hit the hardest if a cryptocurrency crash does occur. This could trigger a chain reaction of uncontrollable economic processes on a global scale.
The current situation resembles a theater of the absurd, where secrets and intrigues are hidden behind a beautiful façade. Ordinary investors who have entrusted their savings to cryptocurrencies find themselves hostage to a game where companies and the SEC are fighting. And while some are profiting from market volatility, others are losing their last funds.
And in this chaos, as always, the small retail trader turns out to be the most vulnerable.
