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There is significant competition growing against Tether. The following three stablecoins have $500M+ in circulation all backed by US regulated companies: USDC,
by omarchowdhury 8y ago
There is significant competition growing against Tether. The following three stablecoins have $500M+ in circulation all backed by US regulated companies: USDC, TUSD, and GUSD.
- dragontamer 8y ago> all backed by US regulated companies That means they aren't actually cryptocoins. That means those are banks, which are backed by the court system and the ability to sue those banks for your money if they mess up.
- omarchowdhury 8y ago> That means they aren't actually cryptocoins. That's not the argument here. I'm showing you that there are legitimate alternatives to USDT.