f Boston Fedu At the end of May, Eric Rosengren announced tether and similar “stable coins” as a potential risk factor for general financial stability.
Tether is currently the most popular and valuable kryptomnou dneka. In essence, the tether is bound with a value dollar and from this position the source of its popularity, because basket many investor in the world cryptocurrency leads the first dog tether.
The main risk of the tether is the first its “design” associated with the dollar. The market is now known that this connection is or can only be “paprov“and, in fact, not all tethers are fully covered by the underlying dollar.
According to the company Tether, which of the same name kryptomnu only 2.9% of ether is currently covered by cash and the rest is covered only by commercial paper, which is a form of unsecured most short-term bundles. At about 60 billion USD total thorn capitalization of tether around 60 billion USD would mean that the leading Tether has more deposits than many US banks, and in the global market for commercial paper there are already five 10th countries worldwide.
In this respect, tether is a comparable example to traditional names fondm, but a significant difference in that e kryptomna not subject to essentially dn regulation. Unlike the changes fond, where the regulation, on the other hand, is very strong. According to some experts, this is a very high risk. Lost loss dvry in cover crypto may provoke a very sharp liquidity for customs kryptomnov sector potamo pro ir financial sector.
Concerns about monho’s lack of cover prevailed at the turn of the year in 2018 – see
Tether, apparently, has supported bitcoin in the past. If it falls, it will destroy the whole market cryptocurrency
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