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?

Thats Why USDT beats Ripple in rank number 3 position for couple of times because of this Big Capitalization in which brings The currency to permanently
took the rank 4.
But i am not into Stable coin and i don't know why,i felt like i have nothing to expect in this type of Currency when i can just Buy none stable coin and make money in sooner time?
August, 29
usdt
Total Assets $13,458,090,864.97
From July, 29 - was issued about $2,700,000,000

But that was not CMC says?
https://coinmarketcap.com/currencies/tether/But maybe sooner we don't know since USDT is gaining support from Businesses these days.