After experiencing one of the most unstable months, Tether (USDT) has announced its plans to destroy 500m USDT (more than 50% of its current holdings) from the Tether treasury wallet and leave the remaining USDT (approximately 466m) in the wallet for future USDT issuances. The stablecoin lost its parity with USD a few days ago, […]
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Source: Cryptocoin News
Original Post: Why Tether (USDT) Might Disappear