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The Daily Hodl
2022-06-16 18:44:24

Tether (USDT) Issuer Says Rumors About Its Reserves Composition Are ‘Completely False’

Tether (USDT) Issuer Says Rumors About Its Reserves Composition Are ‘Completely False’

The company behind Tether (USDT) is pushing back on rumors about the reserves composition of the largest stablecoin by market capitalization. In a new statement, Tether denies claims that 85% of its commercial paper holdings are backed by Chinese or Asian commercial papers and are being traded at 30% off. “These rumors are completely false […]The post Tether (USDT) Issuer Says Rumors About Its Reserves Composition Are ‘Completely False’ appeared first on The Daily Hodl.

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