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RE: Does Bitfinex & Tether have financial problems?

in #trading • 6 years ago

Interesting... Poloniex is looking like they are shying away from the tether and using USDC or stablecoin. Tether always has been scrutinized if it is actually backed 1:1 on USD as the firm that created hasn't really shown proof of this.

6 years ago in #trading by
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     6 years ago 

    If Tether is not backed 1:1, this would be a big scam. With there nearly 2 B $ daili transactions.

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