Infamous stablecoin and pseudo currency Tether (USDT) doesn’t exactly have the cleanest of rap sheets, and if you needed another reason not to trust it, keep reading. According to recent findings from cryptocurrency researchers at Coin Metrics, around 300 entities hold about 80 percent of the Tether currently in circulation, Bloomberg reports. The figures show that 318 addresses hold $1 million or more in Tether. Compared to Bitcoin, where over 20,000 addresses hold at least $1 million, Tether appears much more centralized. “The concentration of Tether suggests that control of [the stablecoin] is in the hands of a few central…
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