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I’ve never been a truther but here is the counter. 1. Tethers market dominance in stables is falling quickly. 2. The federal reserve has stated they are planning regs. Do they think you are reformable or are to be replaced by others? How do you plan to survive regs?
1) I don't mind that. Being the king makes everyone trying to take a stab at you. More diversification is better for the sector. 2) it's in our interest participate in these discussions and work with regulators.
Hopefully you are in discussions with them now. Based on their comments regulations are coming soon. transparency and strict compliance are key to success.
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