Why Banks and Stablecoin Laws Could Thwart $2.9 Billion Liquidity From Tether Whale

Today, a Tether (USDT) whale deposited $239 million into crypto exchanges. The latest deposit takes the total liquidity they added to stablecoin markets in the past three months to around $2.9 billion, which Tether could need ahead of onslaught by banks. The wallet owner with an address starting with “0x1dBb” received the funds from the Tether Treasury and distributed them to OKX,... source: https://beincrypto.com/tether-whale-usdt-stablecoin-banks/