HomeCoinTelegraphFractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers April 30, 2019 CoinTelegraph Tether does not have the fiat reserves to back its tokens, lawyers say Source: https://cointelegraph.com/news/fractional-reserve-stablecoin-tether-only-74-backed-by-fiat-currency-say-lawyers Tweet Related Posts Litecoin Foundation Pitches Opt-In MimbleWimble Via Extension Blocks Tether Crosses $10B, Leaving Competing Stablecoins in the Dust Bitcoin price breaks $11K, crypto traders optimistic about BTC’s action