id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
davidgerard-co-uk-1000		Tether is ‘too big to fail’ — the entire cryptocurrency industry utterly depends on it – Attack of the 50 Foot Blockchain			.html	text/html	2363	212	80	Tether is 'too big to fail' — the entire cryptocurrency industry utterly depends on it – Attack of the 50 Foot Blockchain Tether is 'too big to fail' — the entire cryptocurrency industry utterly depends on it This is why crypto is so up in arms about the proposed STABLE Act, which would require stablecoin issuers to become banks — the Act would take out Tether immediately, given Tether's extensive and judicially-recognised connections to New York State, and there is no way on earth that a company that comports itself in the manner of Tether is getting a banking charter. Every person making money from crypto — not just Bitcoin, but everything else touching crypto — is painfully aware they need Tether to keep the market pumped. 12 Comments on "Tether is 'too big to fail' — the entire cryptocurrency industry utterly depends on it"	./cache/davidgerard-co-uk-1000.html	./txt/davidgerard-co-uk-1000.txt