Too Long; Didn't Read
Some have labeled Tether as the Lehman Brothers of crypto, with the potential to send crypto to a glacial age, that might prevent its further adoption for a decade. Vitalik Buterin highlighted something that might have opened Pandora's box. Tether had since the start a clear mission, that facilitating the exchanges across digital currencies, by providing what's called a stable currency pegged to an underlying asset. In the crypto space, without a last-resort authority in charge of preventing systemic risks, as everything goes awry, can this just mark the end of it all?