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?

This is really bullish for the market as usdt has become a new standard to enter the crypto market which means that new money is flowing into the market as more usdt are minted also we can easily assume the trend with new usdt being minted for me it simply means more demand for crypto and more people want to buy crypto and being a big crypto company i am sure bitfinex will have a clear account regarding usdt.