Tether says it has completely eliminated commercial paper from reserves

[The_Krakenite]

Tether mints another billion USDT on Ethereum as its stablecoin dominance grows
https://www.theblock.co/post/227529...lecoin-ethereum?utm_source=rss&utm_medium=rss

As I said months before the Luna collapse (and got criticized for it), 'This will not end well...'

 

[RedDuke]

It basically has been a year when Tether announced that they hired BDO Italia to perform an audit: https://www.reuters.com/technology/...-monthly-proof-of-reserve-reports-2022-08-18/

I predicted back then, that come August 2023, there will be no audit. And this is exactly what happened.

Pain will be insane when they blow up.

 

[The_Krakenite]

Shocked. Just shocked here!

If you can't trust a Tether-bank, who can you trust?