How Tether uses its USDT 'recovery mechanism' to restore lost user funds
September 14, 2020, 11:48AM EDT · 4 min read
- Tether has the power to “recover” USDT if a user says they sent it to the wrong address.
- Here’s an explanation of when they use it, and how it works.
Tether apparently has the power to freeze, destroy, and issue new tokens if a user claims to have sent USDT to the "wrong" address.
Subscribe to The Block News+ to
Unlock this Feature
If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.