Is Tether the New Currency of Cartels? Unpacking the Shocking Discount in Mexico!

[Cryptodude]

In light of recent reports highlighting the troubling connection between Tether (USDT) and drug cartels, particularly in Mexico where it trades at a discount due to its association with illicit activities, what are your thoughts on the implications for the broader cryptocurrency market?

Do you believe that stablecoins like USDT can ever fully distance themselves from such negative associations, or is this a fundamental risk that comes with their use in cross-border transactions? Additionally, how should the crypto community and exchanges respond to these challenges to maintain trust and integrity in the ecosystem?

Let's discuss the potential strategies for mitigating these risks and the role of regulation in shaping the future of stablecoins!