Why Tether is acting more like a central bank than a stablecoin

Once a simple stablecoin issuer, Tether now mirrors central bank mechanics with reserves, profits and policy-like decisions.
Source: Why Tether is acting more like a central bank than a stablecoin (https://cointelegraph.com/news/why-tether-is-acting-more-like-a-central-bank-than-a-stablecoin?utm_source=rss_feed&utm_medium=rss%3Frand%3Dxqp90_1762903516877%26__%3D1762903516877%26ttl%3D0%26sid%3D0e9bb26e5377f657&utm_campaign=rss_partner_inbound)