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A comment on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags. Parent comment

Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by fiter on Friday June 29, 2018 @04:18PM (#17427525)
Fractional reserve refers to the reserve of cash, but it does not refer to the reserve of total assets/liabilities.

If you are implying Tether is backed by total assets/liabilities, then some people might be OK. On the other hand, some people might be concerned if it was backed by cryptocurrencies which are rather volatile. The volatility of the cryptocurrencies could then result in volatility in Tether.

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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by theptip on Friday June 29, 2018 @06:24PM (#17428318)
Tether claims to be 1:1 backed, i.e. each USDT issued is backed by a USD in their reserve. I don't believe that is actually true in Tether's case, but yes, I was referring to 1USD in reserve per 1USD-stable-token as the viable stable/pegged token case.
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