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Isn't Tether just being held to their own claims? They only need to be 100% backed because they say they are 100% backed.
by bmm6o 5y ago
Isn't Tether just being held to their own claims? They only need to be 100% backed because they say they are 100% backed.
- EGreg 5y agoSeems there is a wider thing at play here https://www.prnewswire.com/news-releases/usd-coin-reserves-evolving-to-100-percent-cash-and-short-duration-us-treasuries-301360289.html https://www.prnewswire.com/news-releases/usd-coin-reserves-e...