Tether incurred severe criticism after its supposed stablecoin USDT lost its value against the U.S. Dollar. On Tuesday, the USDT/USD dropped towards 0.95 across several cryptocurrency exchanges, stirring panic among investors who were arbitraging between the crypto-assets. On the same day, a new report surfaced about Noble Bank, Tether’s banking partner, revealing its poor financial health....The post Stablecoin Tether Incurs Scam Accusations Following USDT Drop appeared first on NewsBTC.
