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2022-07-04 08:32:31

Investors Continue on Dumping Tether (USDT) Despite Assurances by Company

The post Investors Continue on Dumping Tether (USDT) Despite Assurances by Company appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideTether short sellers are on the rise despite the company’s repeated assurances that its reserves are fully backed. A so-called liquidity pool that allows traders to swap between the three biggest stablecoins still shows an elevated supply of Tether, with the token accounting for 65% of the total as of Friday. This week saw a …

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