CARD • Rare

Tether FUD

Tether FUD
Rarity
Rare
Year
2014
Collection
Base Hockey Cards

Summary

Launched in 2014, Tether (USDT) has faced constant skepticism about its reserves and transparency. Over time, it reached settlements with regulators and began publishing regular attestations.

Timeline

  • 2014
    USDT launched by Brock Pierce, Reeve Collins, and Craig Sellars.
  • 2021-02
    Settlement with NY Attorney General requiring greater disclosures.
  • 2023
    Reports show USDT backed primarily by U.S. Treasuries.

Sources