Why Crypto Traders Are So Worried About Tether


#1

59% of Polled Investors Don't Believe Tether is Fully Backed by USD
#2

https://www.coindesk.com/price-of-tether-stablecoin-tanks-to-18-month-low/

The issue is basically that they have never demonstrated that the coins are truly asset-backed.


#3

#4

When “stable coins” ain’t stable


#5

#6

but this isn’t as big a deal as everyone is making it out to be


#7

really?


#8

http://coinbeat.com/tether-the-usd-backed-crypto-re-enables-direct-fiat-withdrawals/

1:1 fiat withdrawals back up. Give them a chance looks like it is getting better


#9

Looks like all is ok – cash reserves proven

https://www.bloomberg.com/news/articles/2018-12-18/crypto-mystery-clues-suggest-tether-has-the-billions-it-promised