Why Tether’s Collapse Would Be Bad For Cryptocurrencies

Why Tether’s Collapse Would Be Bad For Cryptocurrencies Published on January 31, 2018 at 02:00PM Yesterday, Bloomberg reported that the U.S. Commodity Futures Trading Commission sent subpoenas last week to virtual-currency venue Bitfinex and Tether, a company that issues a widely traded coin and claims it’s pegged to the dollar. Wired’s Sandra Upson explains why …