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Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?

May 27, 2020 by DIGIT
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With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?

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Categories altcoin, BitFinex, Tether, USDT, XRP
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  • bitcoinBitcoin(BTC)$66,936.00-1.01%
  • ethereumEthereum(ETH)$1,959.37-1.08%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.37-1.88%
  • binancecoinBNB(BNB)$600.78-2.45%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$80.17-1.78%
  • tronTRON(TRX)$0.277972-0.03%
  • dogecoinDogecoin(DOGE)$0.0938540.50%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%
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  • bitcoinBitcoin(BTC)$66,936.00-1.01%
  • ethereumEthereum(ETH)$1,959.37-1.08%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.37-1.88%
  • binancecoinBNB(BNB)$600.78-2.45%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$80.17-1.78%
  • tronTRON(TRX)$0.277972-0.03%
  • dogecoinDogecoin(DOGE)$0.0938540.50%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%