Rumors about Tether (USDT) has again started to swirl last week, following articles from several news outlets that Bintfinex and Tether had been issued a subpoena by the United States Commodity Futures Trading Commission (CFTC).
It was later disclosed that the subpoena was actually issued on December 6, 2018 and, according to Bitcoin.com, “approximately 34.5% of all USDT created were produced after Tether had received the subpoena from the CFTC.”
Although some have their doubts as to whether USDT has propped up bitcoin and other cryptos, several experts expressed views in favor of the USDT coin and its role in creating transparency in the market. To them, the fact that the Tether is still operating 2 months later, is a clear and positive signal.
You can be the judge with your own dollars.