The Chief Executive Officer has claimed that traders may have felt that they were forced to sell other digital currencies to reduce their total risk, given that the sixth currency - ranked sixth in a market value of 58 Billion dollars - have the ability to reduce other incursions amid credit market correction.
"The authorities may still choose to take strict action against stable currencies after the collapse of the full reserve for a long, but said the digital currency industry could benefit from organizational clarity: One of the best things for the industry is currently getting stable currencies in line with American regulators, especially the Federal Reserve and the stock and stock exchanges. Stable currencies are very important bridges between the digital currency and the US dollar.
According to Tether Holdings, 75.85% of Tartat support consists of cash and equivalent, where commercial papers represent 65.39% of this category.
