[hw]

It doesn't help that Tether requested an audit but ended up severing ties with that audit firm [0]. It's likely Tether wanted a quick audit but the audit firm didn't want to sign their name to it so quickly without doing a deeper dive into the accounts.

They've also just printed $600m in tether a few hours ago. Hopefully that's backed by actual $600m in new customer deposits.

Edit: Market cap of Tether jumped $600m in the past 24h [1], but the Tether were granted over a period of 7 days. Looks like CMC doesn't update the market cap every day.

[0]: https://www.coindesk.com/tether-confirms-relationship-audito...

[1]: https://coinmarketcap.com/currencies/tether/#charts

[gruez]

>They've also just printed $600m in tether a few hours ago.

when? https://omniexplorer.info/default.aspx?filter=grant

[ceejayoz]

I've seen this claim floating around a lot.

Seems to be just https://coinmarketcap.com/currencies/tether/ getting delayed data - it jumps from $1.6B to $2.2B at 01:14 UTC on Jan 28, but Tether was printing $100M chunks during the period it shows as flat.