Tether stablecoin is fully backed, says new assurance report

Dato · 03-31-2021, 03:31 AM

Tether stablecoin is fully backed, says new assurance report

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvZDZhNmJkYjgtZTgyMy00ZGU1LWE0NTItMjYyOWJhODQwNGRmLmpwZw==.jpg"></p><p>Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. </p>

https://cointelegraph.com/news/tether-st...reportKind Regards R

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