2 ms·
Except that Tether has no legal requirement to allow you to redeem their coins, aren't 100% backed by USD, and has a history of lieing about their backing.
by shkkmo 4y ago
Except that Tether has no legal requirement to allow you to redeem their coins, aren't 100% backed by USD, and has a history of lieing about their backing.
- retube 4y agoSure, they're unregulated with little or no oversight and could be spunking it all tropical islands, but that's the theory :)
- TrapLord_Rhodo 4y agoThat's the point of an algo stablecoin. I can see the code and have direct oversight.