• Should you try USDTea technology or leaf it alone?

    PUBLIC DEFENDER

    Brian Livingston

    By Brian Livingston

    A new cryptocurrency that trades on the Ethereum blockchain โ€” USDTea โ€” promises to maintain a stable value equivalent to $1.00 essentially forever. But is it a scam, a joke, or a new kind of technology that you could actually put to use in your own life?

    At first glance, it would be easy to assume that any new crypto coin is a con game. After all, 81% of initial coin offerings were found to be outright scams โ€” that is, the promoters disappeared with all the money that eager investors poured in, according to a 2018 study by Satis Group LLC.

    Read the full story in our Plus Newsletter (19.23.0, 2022-06-06).