“As to the Tether reserves, there is no finding that tether tokens were not fully backed at all times – simply that the reserves were not all in cash and all in a bank account titled in Tether’s name, at all times. As Tether represented in the Order, it has always maintained adequate reserves and has never failed to satisfy a redemption request,” Tether wrote.
Mastercard See No Justification for Central Bank Digital Currencies Yet: CNBC
The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys. The move was...
