Finally Tether replied of all the obligations.
Finally one major FUD is cleared that Tether is legit or not.
Tether is legit and backed by the right amount of USD. The market to react more on this news, since this was a big issue the last few months... #Tether
FSS report - https://t.co/6iKDNSl8R0
great to hear this my man, hope to see you comment and upvote me too :)
Whales are creating this type of Fud in market, always never panic.
U r right
No one can forget the drop in prices the FUD of tether had brought in the market
Tether is a useful crypto whose value roughly mirrors the price of dollar. In this respect it is a “stable coin” (a coin that maintains a stable price).
Of all the stable coins, Tether is the most widely used.
Essentially, and according to their site, Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the Yen.
Like other cryptos it uses blockchain. Unlike other cryptos, it is “100% backed by USD” (USD is held in reserve).
Some question exactly how all this is working, but conspiracy theories and doubts aside, Tether is useful as it has a steady value and can be used on many of the world’s major exchanges.
Its like a digital dollar secured by cryptography and not subject to speculation like other cryptos. That makes it rather useful.
In the volatile world of crypto, its nice to have some stability. And that is what makes Tether cool.
But there is not clarification that is is backed with us dollars or not.
Tether is a cryptocurrency that represents real currencies in a Blockchain market. The project was founded in November 2015.
After clearing confusion
Tether is the most hot choice of the bearish market you won’t get into loss
Tether???
Yes
FUD is created to manipulate the market , Tether is legit and trustable .
tether fud is big issue . but i i know tether are working with binance means i don't need to worry . bcz binance never worked with fraud companies.
I have full faith in tether
I don't, i worng after watching this report