Ethereum Co-Founder Defends Tether Against Bitcoin Price Manipulation Claims


One of the cryptocurrency community’s most respected voices is throwing his support behind tether (USDT), the controversial “stablecoin” that critics allege has been used to manipulate the bitcoin price. Joseph Lubin, an Ethereum co-founder, told Yahoo Finance that he “believes” USDT is backed by physical dollars at a 1 to 1 ratio, as the token’s

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Posted by Josiah Wilmoth on August 30, 2018 @ https://www.ccn.com/ethereum-co-founder-defends-tether-against-bitcoin-price-manipulation-claims/

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