Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone

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Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.

via CoinDesk https://www.coindesk.com/tether-says-its-usdt-stablecoin-may-not-be-backed-by-fiat-alone