-
Stablecoin square-off: Tether, Ripple CEOs exchange words as SEC enforcement looms
The stablecoin space is growing increasingly contentious as the chief executives of Tether and Ripple traded accusations and allegations that the U.S. government is coming for them. Brad Garlinghouse, the CEO of stablecoin issuer Ripple, kicked off the latest round of hostilities on May 10 when he told Chris Vasquez of the World Class podcast that after the collapse of FTX and the jailing of former CEO Sam Bankman-Fried, along with the recent conviction and sentencing of former Binance CEO Changpeng Zhao, he believes Tether is the next major crypto firm in the crosshairs of the Securities and Exchange Commission ... (full story)