US senator probes Tether after reported deal with ex-Trump crypto adviser

Crypto Insight Summary: The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum. Crypto Insight Analysis: Direction: Bearish USDT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory scrutiny on Tether could cause short-term volatility in USDT and crypto markets.