Tether (USDT) Might Really Be Backing its Billions

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Proving the worth of tether: a controversial narrative

A report by Bloomberg is shedding light on Tether’s finances and suggests that Tether may be fully-backed by US dollars in a bank account. The financial news publication was able to gain access to documents that appear to show that Tether has sufficient fiat currency to underwrite its dollar-backed cryptocurrency. Is Tether Tethered to the Dollar? The cryptocurrency industry has…Read More. The post by Alexander Lielacher appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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