The issuer of stablecoin Tether (USDT) is denying a report that appeared in the Wall Street Journal claiming that the dollar-pegged crypto asset is insufficiently backed. While branding the report as a “series of unsubstantiated conclusions,” Tether says that among the assets backing USDT are US treasury bills (T-Bills), which are considered a “premier safe […]The post Stablecoin Issuer Tether Responds to Accusations of Having Insufficient USDT Reserves appeared first on The Daily Hodl.
