Tether: How a Private Company Created a New Dollar
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Tether (USDT), stablecoins, the US dollar, and the global financial market—in this video, we'll explore the history of Tether, the company's impact on the global economy, its connections to US government bonds, banks, and cryptocurrencies, and discover how the issuer of the digital dollar has become one of the most influential players in the modern financial system.
Timecodes:
00:00 — Introduction
01:11 — The US Dollar Without a Bank
02:52 — Surgeon, Pirate, Billionaire
04:06 — How Tether Works
05:40 — How USDT Took Over the World
08:16 — Disaster
11:36 — Too Big to Die