The Coin Detective
Coins:
2013
Market cap:
$ 1591.82B
Volume 24h:
$ 180.50B
BTC dominance:
47.1%

Tether Is Too Backed By Cash Reserves

By timworstall.substack.com on June 6, 2021


FT Alphaville, the blog over at the Financial Times, recently made much of the fact that Tether, the supposedly one to one backed by US dollars stablecoin, is not in fact backed one to one by US dollars. Specifically, they insist that it's not backed...

Go to timworstall.substack.com




Related coins: Tether