Tether, the largest stablecoin by market capitalization, has issued over $300 million in USDT during the last week. The sudden increase in supply has resulted in accusations that Tether is, once again, engaging in market manipulation and that its stablecoin is still unbacked by dollar reserves. How Tether Impacts Bitcoin Tether and closely-connected exchange Bitfinex […]The post Tether accused of minting almost $400 million in uncollateralized UDST to prop up bitcoin appeared first on CryptoSlate.
