Tet terms

Tether has updated the terms on its website, which now states that its steakblock USDT linked to the US dollar may not be provided with 100% fiat reserves. The conditions state that, although stableblock itself is 100% sec terms on its website, which now states that its steakblock USDT linked to the US dollar may not be provided with 100% fiat reserves. The conditions state that, although stableblock itself is 100% secured, reserves may sometimes include ured, reserves may sometimes include other assets:

Each Tether is always 100% secured by our reserves, which include the traditional currency or its equivalent and may from time to time include other assets and receivables for loans provided to third parties by Tether, which may include subsidiaries (collectively referred to as “reserves”) .

terms on its website, which now states that its steakblock USDT linked to the US dollar may not be provided with 100% fiat reserves. The conditions state that, although stableblock itself is 100% secured, reserves may sometimes include

The previous Tether terms indicated full dollar security:

Each Tether is always provided with 1: 1 traditio terms on its website, which now states that its steakblock USDT linked to the US dollar may not be provided with 100% fiat reserves. The conditions state that, although stableblock itself is 100% secured, reserves may sometimes include nal currency, which is stored in our reserves. Thus, $ 1 is always equivalent to $ 1.

Last year, Tether had a lot of questions about whether the terms on its website, which now states that its steakblock USDT linked to the US dollar may not be provided with 100% fiat reserves. The conditions state that, although stableblock itself is 100% secured, reserves may sometimes include company has sufficient reserves to provide $ 1.9 billion of steylcoin emissions. Bloomberg reported that the company had had enough dollars to provide for USDT for at least four separate months. Most of the controversy surrounding the company arose from the fact that Tether never conducted a full independent audit of its reserves. In November last year, the company published a letter to Deltec Bank as evidence of reserves.


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