Tether’s shareholder capital cushion is full of contradictions
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Tether’s most recent attestation suggests a large increase in “Shareholder Capital Cushion” that was not shown on its transparency page.
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?