CoinSpeaker Dollar-Pegged USDT is Not Really Pegged by Dollar? Here’s How Tether Explains ThisSeveral feuds in the cryptocurrency world have raised arguments since time immemorial. The most recent is about Tether. The largest stablecoin in the entire crypto ecosystem recently updated their official website to explain how their reserves work. In the past, the company had purported that 1 USDT was backed by 1USD in reserves.However, that allegation was quietly changed to read this way on their site:“Every tether is always 100% backed by our reserves, which include traditional currency
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