A "war of words" with Ripple, Tether increases lobbying expenditures under strong regulatory trends
In the past two days, Tether's CEO Aldo Iino and Ripple's CEO Garlinghouse have been embroiled in a "war of words." Will Tether, the issuer of USDT, face a black swan event brought on by regulation? From the recent series of new moves announced by Tether, it seems that Tether has a strategy in place. In addition to expanding its business landscape to achieve revenue diversification, it is also increasing its lobbying efforts.