# Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether
“# Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether ” The stablecoin market has been growing exponentially, and last week, Eric Rosengren — president of the Federal Reserve Bank of Boston — appeared to raise a cautionary flag. “There are many reasons to think that stablecoins — at least, many of the stablecoins —…