— Tether
Tether attestation shows stacks of US treasury bills, more gold than bitcoin
Tether revealed a Q1 2023 attestation on Wednesday. Tether’s surplus is up, while cash and bank deposits have plummeted.
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— Tether
Tether revealed a Q1 2023 attestation on Wednesday. Tether’s surplus is up, while cash and bank deposits have plummeted.
The Hong Kong-based architect made 65 transactions on a fake crypto website that showed inflated and manipulated Tether prices.
Tether is no longer required to submit attestations but does this mean that all transparency around the leading stablecoin will be lost?
— Tether
Tether has always had a close relationship with online gambling: Ultimate Bet poker, USDT-denominated perps, and USDT-on-Tron gaming.
— Crypto, Heka Funds
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.
— Tether
Tether's most recent attestation suggests a large increase in "Shareholder Capital Cushion" that was not shown on its transparency page.
Sun has an interest in cleaning up Huobi’s reputation after the collapse of the exchange's $1 HUSD stablecoin.
A Crypto.com spokesperson said that its decision on Tether was made "in accordance with instructions from the Ontario Securities Commission."
Due to Tether remaining as opaque as possible, assessing its reserves can only be done by someone with full access to its books.
Tether has repeatedly promised complete transparency and to get itself audited. Neither of these things has happened but does anybody care?