I saw tether are using the OMG network so who is validating transactions? Who sets the fees? Who decides what updates will go ahead? Is it still the OMG team or are there nodes and such with validators and stuff?
Surely tether are not trusting all their transactions with a single entity like the OMG team because that's basically the same as a bank.
I've been out of sync will the crypto scene for over a year so I have no idea what's happening as of late.