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

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

from WebHits.io Blog http://blog.webhits.io/tether-says-its-usdt-stablecoin-may-not-be-backed-by-fiat-alone/