Tether responds to "Lending Stablecoins Again": Still Committed to Eliminating Secured Loans from Reserves, WSJ Reports Suspicion of Manipulation

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BlockBeats news, on September 21, Tether issued an article in response to the Wall Street Journal’s previous report that Tether issued new loans again, saying that Tether has accumulated more than 3.3 billion US dollars in excess reserves to effectively reduce the final result of safe loan risks. It remains committed to removing guaranteed loans from its reserves. Tether accused the Wall Street Journal of trying to tarnish the reputation of Tether innovators and lead users to misunderstand Tether’s security. One might wonder, Tether said, whether the WSJ report was simply an attempt to manipulate tabloid-style reporting to appease their entrenched old-school "friends."

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