Tether Transparency Rant

Tethers transparency website is a pure joke.

" Tether is always fully transparent" - No, no you are not

"We issued this much on ETH, TRON, ALGO" etc, "These are our liabilities, and we guarantee that all Tethers are backed 100% by Tether's reserves."

Thank you Tether, i can look up your issued supply just fine, but this is not transparency.

There is literally no reason for them to not deliver a proper audit from a recognized firm if everything they say is legitimate, just like USDC is doing. I´m not much of a conspiracy theorist, but this is just BS and way overlooked in crypto.

submitted by /u/BitSoMi to r/btc
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Quelle: bitcoin-en