21min chapter

Complex Systems with Patrick McKenzie (patio11) cover image

Stablecoins and shenanigans, with Zeke Faux

Complex Systems with Patrick McKenzie (patio11)

CHAPTER

Tether: Controversies and Connections

This chapter explores the intricate and controversial world of Tether, focusing on its connections with Alameda, Deltec Bank, and influential political figures. It highlights the implications of Tether’s financial practices, the challenges of compliance with AML regulations, and the role of anonymity in cryptocurrency transactions. The discussion also touches on the historical context of similar digital payment platforms and the ongoing regulatory complexities surrounding stablecoins.

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