Tether Is No More A Cryptocurrency Than Every Other FIAT Money Out There

Tether (USDT) is a controversial stablecoin, to say the least. The most prominent of criticisms in recent times concerns Tether’s decentralization or lack thereof. Tether has printed millions of dollars worth of USDT in the past 2–3 years, and shows no signs of slowing. Some are worried that Tether lacks the reserves to back its USDT supply, a justifiable thought. Some have said that it could severely hamper the cryptocurrency market's growth.