Cryptocurrency Q&A Is USDT owned by the government?

Is USDT owned by the government?

EchoSolitude EchoSolitude Mon Oct 07 2024 | 5 answers 1183
Excuse me, could you please clarify if USDT, the stablecoin that's often used in cryptocurrency transactions, is owned or controlled by any government entity? I've heard some people mention that it's tied to the US dollar, but I'm not sure if that means it's under government regulation or ownership. Could you elaborate on the ownership structure of USDT and its relationship to government authorities? Is USDT owned by the government?

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