The Wall Street Journal decided to please us with another "sensation" about Tether. The title of the article is really eye-catching: "The Shadow Dollar Feeding the Financial Underworld."

While we were sleeping, Tether, it turns out, created an entire "parallel economy" that the long arms of American law enforcement cannot reach. Although, you know who took everything that is possible and impossible: they even reached Durov through the French.

And Russia, Venezuela, along with Iran, are like a bone in the throat of the United States, allegedly using USDT to bypass sanctions. Well, of course, because before the advent of cryptocurrencies, sanctions worked perfectly, and no one bypassed them.

Tether, it turns out, prevents the United States from fighting arms dealers and scammers. Because crime did not exist at all before these damned tokens appeared. But in fairness, we can say that Tether prevents buying and selling weapons for real, not crypto dollars.

USDT is ahead of Visa in terms of money turnover, and Tether's profit is higher than BlackRock's. And this is bad, because... well, because it can't be good! But here's the problem - USDT turns out to be a salvation for countries with high inflation. Argentina and Turkey, hello! How is that possible, it's supposedly only for criminals?

And blocking wallets is, it turns out, "playing to the crowd." Of the 150 billion dollars on the blacklist, only 1.4 billion are frozen. The rest, apparently, have been transferred to reliable American banks.

It turns out that the WSJ painted us a picture of the world where Tether is a comic book supervillain who prevents honest American cops from catching bad guys. At the same time, for some reason they forgot to mention that the traditional financial system has been doing a great job of laundering money for decades without any cryptocurrencies.

#WSJ #usdt #tether #trx #BlackRock