Tether’s Role Looks Increasingly Central Bank–Like

[madtrader]

From minting and redeeming USDt to managing a massive reserve portfolio of Treasurys, gold, and BTC, Tether is operating more like a central bank. Its balance sheet and policy-style tools continue to expand alongside its influence.

[Nahid Hossen]

Tether’s growing influence is making it look more like a global financial authority.