Exclusive: Tether Claims ‘100% USD-Backed’ But Crypto Community Remains Skeptical

2019-3-14 19:48

On Wednesday, investors in Tether, the most dominant stablecoin in the crypto market, pointed out a change in the stablecoin’s Terms of Service and Risk Disclosure which described that its USD reserves will be composed of loans issued by Tether, not solely by cash.

“Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”),” the altered Terms of Service read. Investors were quick to point out the change

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Tether (USDT) íà Currencies.ru

$ 1.0005 (+0.00%)
Îáúåì 24H $53.292b
Èçìåíåèÿ 24h: 0.05 %, 7d: 0.07 %
Cåãîäíÿ L: $0.9997 - H: $1.0006
Êàïèòàëèçàöèÿ $111.496b Rank 3
Öåíà â ÷àñ íîâîñòè $ 1.0109 (-1.03%)

tether reserves include crypto 100 terms service

Èñòî÷íèê: ccn.com

tether reserves → Ðåçóëüòàòîâ: 45


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