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Amid crypto’s existential crisis, its largest liquidity provider, Tether, has withstood multiple multibillion-dollar redemption runs. Will competition from rival stablecoins like USDC and regulatory pressure force Tether to finally come clean?
On Monday, November 7, 2022 Tether executives received an unusual phone call from a long-time business partner, FTX CEO Sam Bankman-Fried.
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