The bank's chairman, jean chalepin, has a mop of red hair and wears rimless ond glasses. In a past life, he cocreated the cartoon inspector gadget. Chalupin told me tether had been unfairly maligned. He said: they are not inrun or made off. When there's a problem, they fix it honourably.
This week's Cover Story for Bloomberg Businessweek:
"Stablecoin Tether Grows Into Crypto World’s $69 Billion Mystery"
Read by Bloomberg's Mark Leydorf.
A wild search for the U.S. dollars supposedly backing the stablecoin at the center of the global cryptocurrency trade—and in the crosshairs of U.S. regulators and prosecutors.
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