Tether USDT No Longer Backed 1 to 1 By Fiat

published on Mar 14, 2019 by IMineBlocks Favorite
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Tether and the popular stablecoin USDT has now confirmed that it is no longer be backed 1 to 1 by fiat currency and instead they have changed the description of their reserves to include fiat, loan promises and other assets.

#tether #usdt #stablecoin

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