usdt tether market cap grows from 4,6 billions to 10,800 billions from March 2020
For last week - when btc jumped from 9 000 to 11 000 - tether issued 800 millions usdt
Do you think tether really has fiat for backing this usdt?

I am sure they have that amount of usd backing their token otherwise they would not have came so forward across, I also like the fact that they are transparent and trackable so i am confident in their operations and i like trading usdt pairs to be honest.