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I was curious how this compared with USDC, the smaller but also more reputable tokenized US Dollar service affiliated with Coinbase. It looks like 65% of that w
by makomk 6y ago
I was curious how this compared with USDC, the smaller but also more reputable tokenized US Dollar service affiliated with Coinbase. It looks like 65% of that was created in 2021.
- graeme 6y agoUSDC is seriously late on their attestations too: https://www.centre.io/usdc-transparency https://www.centre.io/usdc-transparency Last one was January 31st at $6 billion. There are now $11.3 billion USDC.
- PKop 6y agoYea I'm not sure why we should be surprised that in another bull market where BTC is well above previous all time highs and DeFi protcols have billions in deposits, that "most" of Tether would have been minted this year. It's like they haven't considered that if Tether was theoretically 100% above board that quoted statistic would still be true. "What would legitimate look like?" in other words.