Tether Redeems and ‘Burns’ More than Half of USDT in Circulation

apps4steem (36)in #dlike • 6 years ago

Tether says it has “redeemed a significant amount” of tokens from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet.

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#dlike-cryptocurrency #tether #stablecoins #steemit

6 years ago in #dlike by apps4steem (36)

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cadawg (68) 6 years ago

Very interesting move by tether, wondering if they are trying to get unbacked tether out of the system??

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introduce.bot (63) 6 years ago

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