US regulators have some control over stablecoin Tether: JPMorgan

“In particular, stablecoin regulation will be coordinated globally through the Financial Stability Board (FSB) across the G20, further restricting the use of unregulated stablecoins such as Tether,” the report added.

tether has collapsed Pressure to be more transparent About how the reserves are invested and what efforts have been made to do so. Real-time data publishing. Nonetheless, JP Morgan said recent disclosures by stablecoin issuers were not enough to ease concerns.