Rapid Increase in Tether Supply Raises Concerns of Manipulation, Creative Accounting
Tether has always been a controversial token - claimed to be redeemable for fiat currencies but shunned by the fiat banking system. However, the rapid expansion in Tether supply has raised concerns about whether this could be one of the reasons for the overall cryptocurrency boom.
What is Tether?
According to the Company's website, Tether is a cryptocurrency whose value is anchored or 'tethered' to the value of national currencies like the US dollar.
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