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Tether (USDT) Mints New Tokens as Competition In Stable Coins Heats Up

News reaching Ethereum World News indicate that controversial stable coin, Tether (USDT), has just minted a batch of tokens worth $250 Million on the 18th of this month. The stable coin has all along stated that all the tokens in circulation are backed by hard cash. This means that the circulating supply of 2,507,140,814 USDT is backed by a similar amount in cold currency. When comparing the…
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