On the recordDecember 13, 2021
The report that 10 percent of Tether's stablecoins are backed up by dollars is not actually verified by a comprehensive, audited financial statement or verified by any Government regulator.
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congress.govElizabeth Warren: “The report that 10 percent of Tether's stablecoins are backed up by dollars is not actually verified by a comprehensive…”
Editor's note · Context
Warren points out the unverified nature of Tether's backing for its stablecoins.
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