Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg

by cointelegraph 12/18/2018

The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves.



Gainers

Logo Coin Price Change(24 Hour)
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Updated: 12/18/2018

Losers

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ODEM
ODEM$0.15202

%-3.94891

Decentraland
Decentraland$0.04754

%-3.30171


Updated: 12/18/2018

via coindesk12/18/2018

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

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


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.