As Tether’s Profits Surge, Questions Mount Over Its Role in Combating Financial Crime

The prices of Tether (USDT) against global currencies at a cryptocurrency exchange in Hong Kong, China, on Monday, July 14, 2025. Bitcoin breached $120,000 for the first time, with investor enthusiasm showing few signs of dimming as the US House of Representatives prepares to consider key industry legislation during its "Crypto Week" starting Monday. Photographer: Paul Yeung/Bloomberg via Getty Images

Tether, the world’s largest stablecoin issuer, has emerged as one of the most profitable companies in the global cryptocurrency sector, generating billions in earnings as demand for dollar-denominated digital assets continues to climb. Yet the company’s rapid growth has reignited scrutiny over its responsibility to curb illicit financial activity flowing through the digital-asset ecosystem. While… Continue reading As Tether’s Profits Surge, Questions Mount Over Its Role in Combating Financial Crime

Exit mobile version