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Tether Turns to Britannia Bank & Trust Amidst US Crypto Banking Struggles

Stablecoin issuer Tether has established a banking relationship with Britannia Bank & Trust, a privately-held bank located in the Bahamas, to facilitate dollar transfers, according to unnamed sources cited by Bloomberg....

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Tether Turns to Britannia Bank & Trust Amidst US Crypto Banking Struggles
Stablecoin issuer Tether has established a banking relationship with Britannia Bank & Trust, a privately-held bank located in the Bahamas, to facilitate dollar transfers, according to unnamed sources cited by Bloomberg.
Although it remains unclear exactly when the new banking relationship started, Tether has allegedly instructed clients to send funds to Britannia's bank account in recent months....
Read More: Tether Turns to Britannia Bank & Trust Amidst US Crypto Banking Struggles

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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