/biz/ - Business & Finance

>>55611579
>has committed to publicly issuing a complete report of its reserves each quarter

lol still no actual third-party verification tho, they merely assure us that they have "reserves" without specification.

>It’s one of crypto’s biggest mysteries: Where are the billions of dollars backing Tether, and are these reserves robust enough to support the world’s largest and most important stablecoin?

>Despite government investigations and demands for transparency, Tether has never produced an audit of its balance sheet and has generally refused to name its banking partners — conjuring existential fears over the $68 billion stablecoin’s dependability.

https://www.forbes.com/sites/davidjeans/2023/02/10/tether-reserves-cantor-capital-union-ansbacher/

TRUST ME, BRO, IT'S ALL THERE!