Controversial Stablecoin Tether Confirms New Banking Partner Deltec After Weeks of Rumors
Controversial Stablecoin Tether Confirms New Banking Partner Deltec After Weeks of Rumors
News
The issuer of cryptographic stablecoin Tether (USDT) announced it had found a new banking partner in a statement Nov. 1, confirming rumors it would use Bahamas-based Deltec Bank & Trust.
Tether, which had suffered from mixed publicity after allegations it had parted ways with previous financial institution Noble Bank, also noted in the statement that its full money supply was backed
