USDT [#tether] is facing some serious problems. Despite Repeg efforts, it has failed to reach $1.
Combine this with the continued reduction in its market cap, unavoidable regulations, and market concerns over its holdings.
Tether says it is preparing a full audit with a top 12 firm to provide more transparency on its $USDT reserves. Tether’s market cap has fallen to $67 billion due to withdrawals.
