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Tether’s Financial institution Deltec Says Stablecoin Is Totally Backed by

Tether Ltd.’s Bahamas-based financial institution, Deltec, mentioned on Friday that the corporate’s stablecoin is absolutely backed by reserves, downplaying resurgent fears in regards to the cryptocurrency’s integrity. “Each tether is backed by a reserve and their reserve is greater than what’s in circulation,” Gregory Pepin, Deltec Financial institution deputy CEO, mentioned on the most recent […]Read More