JPMorgan urges the United States to maintain Tether

JPMorgan, a major participant in financial solutions, published a statement encouraging US authorities to preserve its indirect control on the stablecoin Tether, despite the fact that its base is located overseas. Analysts at JPMorgan believe that the stablecoin’s reliance on the U.S. market puts it in a vulnerable position. The Treasury sanctions, they continued, necessitated …