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Consumers Research Report Highlights Transparency Issues with Tether’s Dollar Reserves

Consumers Research Report Highlights Transparency Issues with Tether’s Dollar Reserves


Bitcoin World
2024-09-13 03:05:52

Consumers Research, a U.S. consumer protection group, has issued a report critiquing Tether, the issuer of the USDT stablecoin, for its lack of transparency regarding its dollar reserves. The report, covered by Cointelegraph, raises significant concerns about Tether’s failure to provide a comprehensive audit of its reserve backing for USDT. Key Points from the Consumers’


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