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by sumedh 1598 days ago
> Tether, in particular, seems to printing their stablecoins out of what appears to be thin air,

Everyone keeps saying they are printing but no one has the proof. Even the New York AG investigated Tether and just gave them a slap on the wrist
1 comments
dustintrex 1597 days ago
Do you really believe that a 10-person company run by a convicted fraudster (Devasini) is managing $78 billion dollars in assets, making them bigger than Vanguard or Schwab, despite the financial world not being able to find any evidence of what they're actually holding?

https://www.bloomberg.com/opinion/articles/2021-10-07/matt-l...

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sumedh 1596 days ago
It does not matter what I belive, the NY AG looked at that gave a slap on the wrist and I dont think any other US govt agency is looking at them so what does that tell you?
link