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data-react-helmet="true" name="description" content="Crypto investors have soured on Tether since the collapse of the TerraUSD stablecoin in early May."/><meta data-react-helmet="true" name="keywords" content=""/><meta data-react-helmet="true" property="og:url" content="https://fortune.com/2022/07/04/tether-stablecoin-usd-reserves-investors-market-crypto/"/><meta data-react-helmet="true" property="og:type" content="article"/><meta data-react-helmet="true" property="og:title" content="Tether evangelists insist the stablecoin is backed by ample reserves"/><meta data-react-helmet="true" property="og:description" content="Investors still aren't convinced."/><meta data-react-helmet="true" property="og:site_name" content="Fortune"/><meta data-react-helmet="true" property="fb:pages" content="56501027948"/><meta data-react-helmet="true" property="og:image" content="https://content.fortune.com/wp-content/uploads/2022/07/GettyImages-1240273685-e1656913389633.jpg?resize=1200,600"/><meta 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