Quote from: STASISNET on December 13, 2018, 09:02:32 PM

EURS announced that it's going to have full, regular audits from BDO Malta, part of a top accounting firm. What do you think: are audits crucial for a stablecoin to be credible in the long run?

https://www.coindesk.com/stablecoin-issuer-stasis-promises-full-audits-of-euro-backed-crypto-token

The audit will prove if that stable coin is backed by a real dollar and that will build a lot of trust from the speculators to use it. that means if there was no manipulation inside the company. A lot of people are losing their trust in USDT and you can see if that goes below 0.9 last year.