📰 Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.
The new text states that while its stablecoin is 100% backed, its reserves may at times include other assets.
However, Tether’s previous terms indicated full fiat backing.
⚠️ Be cautious with USDT. Fortunately, there are other stable coins to diversify.
The new text states that while its stablecoin is 100% backed, its reserves may at times include other assets.
However, Tether’s previous terms indicated full fiat backing.
⚠️ Be cautious with USDT. Fortunately, there are other stable coins to diversify.