Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents

source: CoinDesk

2019. Apr. 30. 15:47

Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.