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by Qwertystop 2402 days ago
Not anymore, is it? Last I heard they were in pretty significant legal trouble due to not actually having the 1:1 real-doller backing they claimed to, or other assets of equivalent value, among other issues.
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"All Tether tokens are fully backed by reserves."

https://www.coindesk.com/tether-says-its-stablecoin-is-fully...

Tether (USDT) $1.00 USD

https://coinmarketcap.com/currencies/tether/