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Tether’s role in Venezuela, Iran highlights the duality of stablecoins

1 min read
Tether’s role in Venezuela, Iran highlights the duality of stablecoins

Tether's involvement in Venezuela and Iran underscores the complex nature of stablecoins, serving both as a financial lifeline for citizens facing economic turmoil and as a mechanism for sanctioned entities to navigate restricted markets. This duality raises important questions about the regulatory implications and ethical considerations surrounding the use of cryptocurrencies in crisis-stricken regions.

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Source: CoinTelegraph · Report an issue