What is Tether doing now?

What is Tether doing now?

The company behind the USDT, in fact, recognizes that it conducts banking operations with partial coverage, and possibly issues money backed up by liquidated or falling assets.



Tether again deals with its fraud. Very quietly, without trying to draw attention to this, the company changed part of the text on its website. Instead of stating that each USDT token is supported by dollar reserves in a 1: 1 ratio, a moment that has always been in doubt, because they did not allow for proper testing — now Tether writes on their official website:



Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by T ...
Read more about "What is Tether doing now?" on coinatory.com

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