Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation

A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation.
The news couldn’t come at a better time. Just last week a University of Texas research paper was published that claimed Tether was being used to manipulate the price of Bitcoin and other coins throughout the market’s bull run that peaked last December. 
Tether