The 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 […]
The post While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations appeared first on Bitcoin News.
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