Solution-Max: Tether drops the claim that it's "always backed 1-to-1 with traditional currency", now says it's "100% backed by reserves", emboldening the stablecoin's critics (Colin Harper/Bitcoin Magazine)

Friday, March 15, 2019

Tether drops the claim that it's "always backed 1-to-1 with traditional currency", now says it's "100% backed by reserves", emboldening the stablecoin's critics (Colin Harper/Bitcoin Magazine)

Colin Harper / Bitcoin Magazine:
Tether drops the claim that it's “always backed 1-to-1 with traditional currency”, now says it's “100% backed by reserves”, emboldening the stablecoin's critics — Tether just updated its website to clarify that each of its USDT tokens, which it used to claim were …

from Techmeme https://ift.tt/2uckWJv

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)