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2019-03-20 02:30:43

Stablecoins are not exclusively backed by USD, states Tether’s new terms of service

The long-standing debate about the backing of Tether’s USDT tokens has emerged again, after the company made alterations to its terms of service. It now states that the reserves backing USDT comprise of “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties,” reported Bitcoin news. Even […]The post Stablecoins are not exclusively backed by USD, states Tether’s new terms of service appeared first on AMBCrypto.