Total Market Cap / Crypto

The joke that is crypto - Doesn't take long to remove 1/4 of the US annual military budgets worth of money from a market now does it? This needs some serious regulation; The fact that the issuers of Tether and stable coins can continue to operate and inflate this market with nothing needs to end! We would be better of with a digital dollar that could be taxed versus this absolute nonsense being dictated by the issuers of these coins