
The US Senate just opened an inquiry into Tether. $6M+ flowed to a firm co-founded by Bo Hines — the White House crypto adviser — while he was shaping the stablecoin law. Now the Senate wants the wallet addresses, dates and payment methods. Deadline: Nov 3. USDT is crypto's dollar plumbing. Its rules are being written in Congress. The question isn't whether stablecoins get regulated. It's who wrote the first draft.