Quote from: CuriousGeorge on Today at 07:49:01 AM

Quote from: noorammak on September 17, 2020, 12:10:03 PM

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.

It's clearly stated by tether if it's not all of the tokens have backed 1:1 with the fiat money. I think that you should read the announcement that has already created by tether in the past and from that news and we can expect tether didn't have the enough fiat money to back up all of the funds.

I think that you should visit tether's site to get the more report about the issuance asset on the market.
Audit has already done before.

I think tether will doing fine because they already being long at the market for now and im sure they can backed up the fiat money with what token they created and by what they announce the audit are already has being done and there will be no issues for the print anymore.