> Tether is not a US-based company. So does US have the authority to shut them down? You are talking about a country that managed to force foreign banks to rat

> Tether is not a US-based company. So does US have the authority to shut them down? You are talking about a country that managed to force foreign banks to rat on US citizens accounts abroad. You are talking about a country that conducts drone assassinations on their own citizens overseas, without trial. USA has de-facto authority on a lot of country where they feel entitled to (hard power), save maybe from Russia or China and India mainly. Russia because they actually have little ties with USA economically and politically since the war in Libya, China because of the exact opposite as it poses a systemic risk to USA, India because they don't trust the US who are "allied" with Pakistan. Often when USA and the EU clash, ultimately the EU tend to bend the knee (soft power). The Trump era was a significant exception.