Be carefull with Tether - Tether Treasury Mints Another 120M USDT

[ShadowCrypto]

Some stable coins can be a bait, did you guys saw what is happening with tether?

The past few months have seen an explosion in USDT issued by Tether Treasury.
For some perspective, the total supply of USDT has increased by over 43% since early March.
However, Tether Treasury shows no signs of slowing down its issuance rate.



Good source to check: https://beincrypto.com/tether-treasury-continues-printing-spree-issues-another-120m-usdt/

[hushpupppy]

Tether is a stable coin, i do not know why we have to worry about them minting another token perhaps you can explain what i am not understanding.
I ask this because recently the digital gold token (also a stable coin) recently minted tokens too, and all is well.

Just ensure to keep your wealth safe any way you dim fit.

[emilox202]

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[bigcash2011]

It is normal thing and no need to worry tether has verified multiple times that each usdt is backed by one dollar and is stored in attached bank account.

[ShadowCrypto]

Tether is a stable coin, i do not know why we have to worry about them minting another token perhaps you can explain what i am not understanding.
I ask this because recently the digital gold token (also a stable coin) recently minted tokens too, and all is well.

Just ensure to keep your wealth safe any way you dim fit.

It should be called PEGGED COIN, because stable coins do not exist, we have been programmed by media to think that USD is something stable, but is not, and Tether is printing tokens without being backed

[trauchot]

From the very beginning of the existence of tether, I had no problems investing in tether, so I don’t think it’s worth worrying about something here, but of course you should always be on your guard, anything can happen, this is cryptocurrency.

[masterrex]

Some stable coins can be a bait, did you guys saw what is happening with tether?

The past few months have seen an explosion in USDT issued by Tether Treasury.
For some perspective, the total supply of USDT has increased by over 43% since early March.
However, Tether Treasury shows no signs of slowing down its issuance rate.



Good source to check: https://beincrypto.com/tether-treasury-continues-printing-spree-issues-another-120m-usdt/

I think Tether (USDT) has an explanation on this, I don't think the stable-coin like Tether (USDT) can mint a token anytime without backing any US dollar. If any so-called stable-coin without really backed by any stable asset will it's obvious it's a fraud. While in Tether (USDT) as a popular stable-coin that backed with USDollar, I don't think its a fraud.