|Day's Range||1.0000 - 1.0001|
|52 Week Range||0.9485 - 1.0027|
|Volume (24hr) All Currencies||23.98B|
Semafor Business & Finance Editor Liz Hoffman joins Yahoo Finance Live to discuss the state of tether and how it's faring amid the crypto market meltdown.
Anticipation for a crypto bill out of the House Financial Services Committee ran so high this year that stablecoin issuers have been trying to meet the bill’s expected standards before the rules are even set. That’s why Rep. Maxine Waters and Rep. Patrick McHenry are two of CoinDesk’s Most Influential 2022.
The bill still requires the approval of the executive branch before it becomes law.