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Not sure why you have to be so snarky about this. Yes, USDT has dubious backgrounds/origins... but there are lots of other reputable proejcts out there. You ca
by davidkohcw 5y ago
Not sure why you have to be so snarky about this. Yes, USDT has dubious backgrounds/origins... but there are lots of other reputable proejcts out there.
You can take a look at USDC (https://www.circle.com/en/usdc https://www.circle.com/en/usdc) which is a Goldman Sachs backed start up. They publish reserve attestations very regularly (https://f.hubspotusercontent00.net/hubfs/6778953/USDCAttestationReports/2021-Circle-internet-financial-attestation-april-2021.pdf https://f.hubspotusercontent00.net/hubfs/6778953/USDCAttesta...) and its very easy to redeem the USDC (stablecoin) for actual USD dollars in your fiat banking systems.