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Jim Cramer Calls Tether (USDT) the ‘Achilles Heel’ of Crypto

Amy Liu

Summary: Jim Cramer, host of CNBC "mad money", expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets. “Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don’t know what they own,” he said. By ...

Jim Cramer, host of CNBC "mad money", expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets.

“Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don’t know what they own,” he said.

By Amy Liu

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Link: Jim Cramer Calls Tether (USDT) the ‘Achilles Heel’ of Crypto   [Copy]
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