Post
Topic
Board Speculation (Altcoins)
Re: Tether (USDT)
by
Psynthax
on 27/08/2019, 08:26:27 UTC
I have seen that Tether is not backed 100% by USD dollars.  They claim to backed also by loans and other digital assets. It is not a problem at all until debtors will not stop paying their debts, but it is happening, right?
It's a problem dude, tether gives loan to its affiliates without created any awareness to the users. tether admits it's not again backed by dollar and a big question is why tether still issue the new tether and this company keeps to distribute that to the market in one-dollar equal with USD? that doesn't make sense at all.