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 Tether Sponsors New Version of Bitcoin Tokenization Layer Omni Kyber Network axes workforce by 50% one month after $49M exploit Bitcoin Price Daily Gains Hit 3.2% as Analyst Eyes Rebound to $9.2K