Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

by coindesk 12/18/2018

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.



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Logo Coin Price Change(24 Hour)
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Updated: 12/19/2018

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%0.0235552

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%0.155325

USD Coin
USD Coin$1.01428

%0.245193


Updated: 12/19/2018

via bitcoinist12/18/2018

Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals

Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.  2.2 Billion in the Bank Purportedly, statements from four separate months, detailing the cash held in Tether’s accounts, confirm the Tether USDT  stablecoin is fully backed by dollar reserves. Bloomberg reveals the latest statement showing that $2.2 billion was present in Tether’s account at Puerto Rico’s Noble


via ccn11/01/2018

Breaking: Tether Opens $1.8 Billion Bank Account in the Bahamas

Tether Limited, the issuer of controversial USD-pegged cryptocurrency stablecoin tether (USDT), has confirmed that it is banking in the Bahamas.

via cointelegraph12/19/2018

Qtum Awards $400K Grant to Columbia University Research Team for Smart Contracts R&D

Qtum has awarded a grant to Columbia University to fund the development of a new programming language for Ethereum-style smart contracts.