Tether (USDT) Issues New Tokens Worth $50 Million
Cryptovest
Published Aug 13, 2018 08:22AM ET
Updated Aug 13, 2018 10:00AM ET
Tether (USDT) Issues New Tokens Worth $50 Million
Tether, the company behind USDT, a stable coin pegged to the US dollar, released 50 million new tokens on August 11, according to previous declines . A quick check reveals the wallet address to which the coins were transferred, shows it is owned by Bitfinex.
The two entities are basically operated by the same management. Adding USDT liquidity at key times has been seen as a way to manipulate the prices of cryptocurrencies by many, including This article appeared first on Cryptovest 
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Written By: Cryptovest
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