Tether to reduce secured loans to zero in 2023 amid battle against FUD By Cointelegraph

The world’s largest stablecoin issuer, , has pledged to eventually stop the practice of lending out funds from its reserves, saying it is “mission critical to restore faith” in the crypto market.

In a Dec. 13 post, the stablecoin issuer addressed recent mainstream media FUD (fear, uncertainty, and doubt) concerning its secured loans, among other FUD which have hit the “rumor mill.”