Express

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

Last Update:

Tags: ,,
Link: Jim Cramer Calls Tether (USDT) the ‘Achilles Heel’ of Crypto   [Copy]
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 6 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 7 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 9 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 9 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 12 days ago
  • You need to login to comment.