Tether Confirms Banking with Deltec; Latter Confirms $1.8 Billion in Account

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Tether Limited, the company developing the USDT stablecoin, has announced a new banking partnership. In a statement published November 1, 2018, the company confirmed long-standing rumors that Deltec Bank & Trust Limited would be the next financial institution to hold its cash reserves. Headquartered in the Commonwealth of The Bahamas, Deltec released a signed statement confirming the account’s “portfolio cash…Read More. The post by Rahul Nambiampurath appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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