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While – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 18 Mar 2019 14:48:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png While – DIGIT INFO https://www.digit.info 32 32 While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations https://www.digit.info/while-tether-withdraws-claim-of-usd-backing-rival-stablecoins-provide-monthly-attestations/ Mon, 18 Mar 2019 14:48:04 +0000 https://www.digit.info/2019/03/18/while-tether-withdraws-claim-of-usd-backing-rival-stablecoins-provide-monthly-attestations/ Read more]]>

Tether Withdraws Claim of USD-Backing While Rival Stablecoins Provide Monthly AttestationsThe controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market […]

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