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AMB Crypto 2019-03-15 00:30:59

Tether quietly alters ‘1 USDT for 1 USD claim’ in new update on official website

Tether, the largest stablecoin in the cryptocurrency ecosystem, recently updated their official website to clarify how their reserves work. The stablecoin had earlier claimed that 1 USDT was backed by 1 USD in reserves, but the claim was quietly changed to the following statement on their official website: “Every tether is always 100% backed by […]The post Tether quietly alters ‘1 USDT for 1 USD claim’ in new update on official website appeared first on AMBCrypto.

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