Farage has become Tether’s most prominent salesperson
"Last August, Harborne gave £9m in cash to Farage’s Reform party – the biggest party donation in British history. He gave a further £3m to Reform in October and an additional £3m in January. All the donations were declared.
Harborne had given £5m directly to Farage, a previously undisclosed personal gift which was the subject of parliamentary investigations, before Farage resigned as an MP."
"Sir Charlie Bean, a former deputy governor at the Bank of England, told the BBC: “Stablecoins are only stable if they have the appropriate regulatory environment… But there is right now an unsurprising regulatory race to the bottom amid the potential for greater profits”
He added: “When funds are coming from major shareholders of such large financial institutions, there is a clear potential conflict of interest here, for example, in the appointment of a new Bank of England governor”