Quote from: Nexta on Today at 10:03:03 AM

Tether and Circle are under pressure to provide greater proof of reserves. Regular audits are becoming essential as supply grows.

For traders, confidence in stablecoins is critical. A single credibility issue could trigger massive volatility across markets.Do you trust reserve reports at face value or do you stay cautious with stablecoin exposure?

Is there other possibility then trust it with a grain of salt? Just like trusting CEX is keeping our accounts and money safe. Today it would be really hard to hedge against the volatility without pegged stablecoin pairs.

For sure, transparency is needed and it's good that they are required to give it, but as need for reserves is cut down for banks as well (again), i think it's hypocritical to require stablecoins to have more transparency and reserves.