Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when CryptocurrencyFacts.com was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord), and has worked with some of the biggest names in the space.

Tether Changes the Wording on its Site Regarding How it is Backed

Tether used to say they were backed 1:1 by USD. They now say “Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD.”

XLM is Now on Coinbase

XLM is now on Coinbase and Coinbase Pro. That means buying and selling XLM is as easy as opening up the Coinbase app and hitting the buy or sell button.