It'll really hurt their noggin when tether's coin is valued higher than the US dollar, because it will be backed by gold and Bitcoin.
S&P has downgraded Tether’s stability rating to “weak,” stating that #Bitcoin now makes up 5.6% of USDT reserves, above the 3.9% buffer needed to absorb a price drop.
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It'll really hurt their noggin when tether's coin is valued higher than the US dollar, because it will be backed by gold and Bitcoin.
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