Recently it was reported that Tether two months has not exercised any issue of tokens USDT. 23 Jan Tether Ltd stopped the emission of USDT. On that day, the post office delivered the company a subpoena from the us commodity futures trading Commission (CFTC).
Recall that Tether produces cryptocurrency based on the us dollar. In December last year, Tether was found to be connected to the Bitfinex crypto exchange, both companies have the same CEO. As a result, American regulators began a careful study of the activities of Bitfinex and Tether. In January, they were sent summons from CFTC.
Meanwhile, experts have found that the Puerto Rican Noble Bank harbours tether assets as the main reserve Bank.
many would said that Tether isn't backed by USD so I think here it is. I prefer Tether USDT as my stash coin in order to preserve my crypto assets so that I could multiply my investments and earn higher rewards.
Many traders and investors trusted Tether and so as I. I just hope that this will be true so that USDT Tether will be more stable and balance.