Bitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $9,200 before a rising green candle sent it scurrying back into the safety of five figures.
In a rather surprising turn of events, the OMNI team announced USDT will be issued on Litecoin. Although USDT is available already, choosing Litecoin makes a lot more sense for Tether.
Tether.to is a custodian service, priding itself upon being transparent at all times. To achieve this goal, the company makes their reserves balance sheet publicly available. It appears there is some cause for concern, though.