On The Brink with Castle Island cover image

Weekly Roundup 01/17/25 (Lummis FDIC letter, the Tether tower, American made coins) (EP.590)

On The Brink with Castle Island

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Tether's Move and the Future of Stablecoins

This chapter explores Tether's decision to move its headquarters to El Salvador, focusing on the implications of constructing a Tether Tower for cryptocurrency-related functions. The discussion highlights the evolution of stablecoins, regulatory changes, and their increasing acceptance in the financial ecosystem. Moreover, they delve into the dynamics of cryptocurrency trading, including the recent advancements with XRP and NASDAQ's Litecoin ETF application.

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