08-13-2021, 01:13 PM
PSA:-If you have any Tether get rid of it ASAP
<!-- SC_OFF --><div class="md"><p>A paper published by Tether itself reports that only 10% of its stablecoin assets are backed by cash. And even though this is an improvement from 3%in May, this is still highly concerning. And this leaving aside the immense legal challenges it faces in the days to come ahead</p> <p>There are a lot of extremely good stablecoins out there backed by solid projects.Invest in them</p> <p>If you still hold Tether please remove it from your portfolio before its too late.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Putrid_Ambition3128"> /u/Putrid_Ambition3128 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p37bul/psaif_you_have_any_tether_get_rid_of_it_asap/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p37bul/psaif_you_have_any_tether_get_rid_of_it_asap/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>A paper published by Tether itself reports that only 10% of its stablecoin assets are backed by cash. And even though this is an improvement from 3%in May, this is still highly concerning. And this leaving aside the immense legal challenges it faces in the days to come ahead</p> <p>There are a lot of extremely good stablecoins out there backed by solid projects.Invest in them</p> <p>If you still hold Tether please remove it from your portfolio before its too late.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Putrid_Ambition3128"> /u/Putrid_Ambition3128 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p37bul/psaif_you_have_any_tether_get_rid_of_it_asap/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p37bul/psaif_you_have_any_tether_get_rid_of_it_asap/">[comments]</a></span>Kind Regards R