Court Asks Tether To Submit Memos Supporting Backing of USDT

Tether, publisher of the largest stablecoin in the digital asset industry is dealing with legal trouble these days. However, USDT is also losing its dominance to the USDC, Circle’s stablecoin. However, a U.S Judge has asked Tether to produce financial records. Will Tether produce docs? As per the order, Tether needs to produce crucial financial

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Author: toutiao