Big news about Tether, a special kind of cryptocurrency! It's like digital money that tries to always be worth one US dollar. For a long time, people wondered if it was safe and if it was used for bad things.
Recently, Tether's boss visited the US and said Tether is doing things right. He met with people in Washington, D.C., while the president was talking about cryptocurrencies.
- Tether says it's not used for illegal activities.
- The US president is trying to make it easier to use crypto.
- Some lawsuits against crypto companies have been dropped.
Fact | Details |
---|---|
Tether's Claim | It's safe and not used for bad things. |
President's Stance | Supportive of cryptocurrencies. |
This is important because Tether is one of the most popular cryptocurrencies.