I am concerned about this issue, whether the banks have enough money to guarantee the amount that tether has printed in the past. Increasing the capitalization for tether from $ 10.6 billion to $ 15 billion in 4 months is a snap. Need an audit for the tether.
well tether has mentioned about audit in their website but man that's honestly kinda unbelievable that tether market cap could grow that significantly and faster.
the fact that tether actually partner with some banks out there make it sounds reliable but public still need a lot more transparency than just that.
If tether could prove their grow as legit I think it will be better for their business and reputation.