Stablecoin issuer Tether has established a banking relationship with Britannia Bank & Trust, a privately-held bank located in the Bahamas, to facilitate dollar transfers, according to unnamed sources cited by Bloomberg.
Although it remains unclear exactly when the new banking relationship started, Tether has allegedly instructed clients to send funds to Britannia’s bank account in recent months….
Read More: Tether Turns to Britannia Bank & Trust Amidst US Crypto Banking Struggles
Source:https://cryptonews.com/news/tether-turns-britannia-bank-trust-amidst-us-crypto-banking-struggles.htm