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

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