Tether, the largest stablecoin in the cryptocurrency ecosystem, recently updated their official website to clarify how their reserves work. The stablecoin had earlier claimed that 1 USDT was backed by 1 USD in reserves, but the claim was quietly changed to the following statement on their official website: “Every tether is always 100% backed by […]The post Tether quietly alters ‘1 USDT for 1 USD claim’ in new update on official website appeared first on AMBCrypto.
