Tether Backed a $134M SKY Crypto Token Deal: What It Says About Stablecoin Power
Tether just confirmed it backed a $134 million private placement in Stablecoin Development Corporation, a publicly-traded company that exists specifically to give stock market investors exposure to the stablecoin sector, particularly through Sky Crypto Protocol and its USDS token. That’s the surface story. The deeper story is what it reveals about how stablecoin issuers have
