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JPMorgan Raises Concerns Over Tether’s Growing Dominance in Stablecoin Market

Tether

In a recent report, analysts from JPMorgan, led by Nikolaos Panigirtzoglou, highlighted growing apprehensions regarding the increasing dominance of Tether (USDT) in the stablecoin market. The report emphasized concerns related to Tether’s lack of regulatory compliance and transparency, labeling its expanding concentration as a potential drawback for both the stablecoin sector and the overall cryptocurrency …

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