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Ethereum World News
2019-03-14 13:20:13

Each Tether (USDT) May Not Be Backed By 100 Percent Fiat

By design, Tether (USDT) is a refuge for crypto traders seeking security in exchanges supporting the stable coin. Expected to have a 1:1 fiat—crypto peg, the recent change in wording is a cause of doubt and may trigger a run, a sell off as capital flow to Bitcoin.The post Each Tether (USDT) May Not Be Backed By 100 Percent Fiat appeared first on Ethereum World News.