why don’t people like tether

Last Updated on December 8, 2023 by Paganoto

The Tether controversy, explained – The Verge

The Tether controversy, explained – The Verge

Most people who own Tether bought it from someone else, and they’re probably not going to try to redeem it — they’re just going to sell it, …

3 Reasons to Be Cautious About Tether – The Motley Fool

3 Reasons to Be Cautious About Tether – The Motley Fool

1. Tether is only backed by 2.9% in cash reserves (the rest comes in other forms) · 2. Tether has had trouble with the New York Attorney …

Ben McKenzie on Tether, the potential danger at the center of …

Ben McKenzie on Tether, the potential danger at the center of …

The stablecoin Tether appears to be neither stable nor especially tethered.

Anyone Seen Tether's Billions? – Bloomberg.com

Anyone Seen Tether's Billions? – Bloomberg.com

The problem was that Tether, like other cryptocurrencies, broke just about every rule in banking. Banks keep track of everyone who has an …

The Tether Controversy: A Brief History – Decrypt

The Tether Controversy: A Brief History – Decrypt

Critics of USDT argue that the stablecoin isn’t actually backed by real US dollars. They say Tether, much like the villainous Federal Reserve, …

What the hell is the deal with Tether? – TechCrunch

What the hell is the deal with Tether? – TechCrunch

However! The most interesting thing about Tether is that you don’t need to redeem them for dollars. As long as a cryptocurrency exchange …

Regulators anxious about stablecoins like tether after UST …

Regulators anxious about stablecoins like tether after UST …

The main fear is that a major stablecoin issuer like Tether could be next to experience a “run on the bank.” Yellen and other U.S. officials …

the Greatest Scam in History Starring Tether's Fraudulent …

the Greatest Scam in History Starring Tether's Fraudulent …

Tether Limited and the Tether cryptocurrency are controversial because of the company’s alleged role in manipulating the price of Bitcoin, an unclear …

What Is Tether? How Does It Work? – Forbes

What Is Tether? How Does It Work? – Forbes

Is Tether a Good Investment? Stablecoins like Tether don’t make much sense as an investment because they aren’t meant to increase in value. …

For Better or Worse, Cryptocurrency Depends on Tether

For Better or Worse, Cryptocurrency Depends on Tether

According to its own rules, Tether was obliged to sit on customers’ funds in the form of cash and not invest their deposits as a bank would. The only way it …