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Given pas doubts about tether management, the more important number is what % of the tether issued is backed at all, now how it is backed. The transparency repo
by advisedwang 5y ago
Given pas doubts about tether management, the more important number is what % of the tether issued is backed at all, now how it is backed. The transparency report [1] shows that they have 0.2% more assets that liabilities (in USD) which gives me more confidence than anything else.
[1] https://wallet.tether.to/transparency https://wallet.tether.to/transparency