Post
Topic
Board Economics
Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
by
bryant.coleman
on 11/08/2021, 15:45:01 UTC
It is even worse than that... I think they published only a sort of pie diagram and provided the % for each of that asset classes they hold to back their Tether, but nobody knows how much value the assets they hold to back Tether really have! Cheesy

They could provide a pie diagram and have less than a million available to back billions of Tether. What a ridiculous report! Tongue

There has been no independent audit. We know what they have revealed so far. And there is no guarantee that they are saying the truth. I still don't know why people prefer USDT over other more reliable stablecoins.