Tether Lawyer Admits That USDT Is Only about 74% Backed by Fiat Equivalents
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Stablecoin USDT is only 74% secured by Fiat and its equivalents, Crypto News tweeted with reference to General Counsel to Tether and Bitfinex, Stuart Hoegner. Tether Lawyer Shocker: Only 74% Backed by Cash, How Will Bitcoin React? #cryptocurrency #altcoin https://t.co/OCoAxhHROX — Crypto News (@PaveIt_) April 30, 2019 On Tuesday, Hoegner gave written testimony in which […]
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