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Bitcoinist 2019-03-15 19:00:39

Tether’s New Terms of Service Spark Fractional Reserve Concerns

Popular stablecoin Tether has updated its Terms of Service (TOS) on February 26th, once again raising questions over its dollar peg. No One Does it Better Than Tether Tether has regularly come under suspicion over its claims that it’s 1-to-1 backed by the US Dollar and that it has been used to manipulate Bitcoin prices. In June 2018, Bitcoinist reported on a paper by two researchers at the University of Texas, who claimed to have identifiedRead MoreThe post Tether’s New Terms of Service Spark Fractional Reserve Concerns appeared first on Bitcoinist.com.