W0w this could be great news. They at least will be afraid of class action suits and might straighten things out over there. They would also have the ability to open a fiat portal! And we won't have to worry about an exit scam when USDT goes Boom.
Would be nice if Poloniex again allows NY customers.
With those backers circle can probably pull that off as polo will now be under the bankers umbrella and the politicians will get their cut. I doubt they are going to leave that revenue stream on the wayside now that they control it.
Also with circle anything in USD is FDIC insured so I'm going to take a wild guess and "Assume" this will be the same. I'd love to see USDT market just disappear off polo immediately! Lol