Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz

David Skarica is the best Canadian trader and now through Addicted to Profit he offers you his daily advice on stocks and cryptocurrencies to start making money! SIGN UP NOW



Five days since losing its U.S. dollar peg, fiat-backed cryptocurrency tether (USDT) continues to trade at a discount to its supposed $1.00 valuation.

READ MORE  Blockchain & Bitcoin Is Expected To Survive Crypto Suffocation

Defenders have largely chalked up the markdown to FUD, arguing that supporters of other “stablecoins” are launching a coordinated…

Source link

Gunbot it's the Best Automated Trading Tool for either Binance, Poloniex, Cex.io, Bittrex, Kraken, Bitfinex or Cryptopia . Get it now!

Leave a Reply