In December 2021, the crypto winter had set in and seemed like a never-ending phenomenon. …
Read More »Reasons Why Cash-Backed Tether Faces Criticism In The Crypto Market
The USDT token of Tether is backed up by US Dollars. This cash-backed Tether implies that the stablecoin entity must consist of a reserve of funds in its holding that is equal to the USDT tokens that are presently in circulation. Let us have a look at some of the …
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