They were audited and it was found that every USDT was backed 1:1 with a fiat eq... | Hacker News

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delaaxe on April 17, 2021 | parent | context | favorite | on: 55% of all Tether, $25B, were created in 2021

They were audited and it was found that every USDT was backed 1:1 with a fiat equivalent, why am I getting downvoted?

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