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What Tether Means When It Says It's 'Regulated'

Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.

A screenshot from Laura Shin's interview with Deltec Deputy CEO Gregory Pepin, Tether's banker.
A screenshot from Laura Shin's interview with Deltec Deputy CEO Gregory Pepin, Tether's banker.