104 Addresses Hold 70% of Tether, Research Reveals

104 Addresses Hold 70% of Tether, Research Reveals

Just 104 tether addresses hold 70% of the stablecoin’s circulating supply, according to an investigation conducted by blockchain intelligence company Intotheblock. Considering tether’s supply and its $1-dollar price, the fiat equivalent is over $2.8 billion. Such a small number of addresses controlling that large of share could be a cause of concern.

Share your thoughts, add a comment!

You must be logged in in order to place a comment.

Article comments

Loading...
No comments yet, be the first to comment this article