Tether is Fully Backed, Has ‘Never Failed a Redemption,’ CTO Tells Short Sellers

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Tether is Fully Backed, Has ‘Never Failed a Redemption,’ CTO Tells Short Sellers

Hedge funds that are attempting to make money by shorting the stablecoin tether (USDT) believe in the anti-tether ‘FUD’ (fear, uncertainty, and doubt) that is being spread, despite efforts to increase transparency, Tether chief technology officer Paolo Ardoino has said....
Read More: Tether is Fully Backed, Has ‘Never Failed a Redemption,’ CTO Tells Short Sellers

Original source: CryptoNews