The company behind the world's most traded cryptocurrency, tether, claims its almost $25 billion in market cap is backed by reserve assets. Yet, questions, and ongoing U.S. investigations, remain.
Report by @danielcawreyhttps://trib.al/Q9kptrC
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Perfect, thnx.
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Everyone who has shorted tether has lost. It actually makes sense for tether to carry a slight premium since the utility for USD on chain is more than USD in the bank, therefore there is a constant and high demand to turn shitty slow fiat USD into actual usable USD on chain, USDT
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