5 ms·
Circle are not audited, Grant Thornton provide an attestation. There's a big difference.
by lavezzi 5y ago
Circle are not audited, Grant Thornton provide an attestation. There's a big difference.
- Aaronstotle 5y agoThis is true, I'll edit my comment. I still think a third-party attestation provides a lot more trust than the shady-stuff going on with Tether.
- salawat 5y agoAn attestation is doesn't mean squat. It means someone witnessed something once and some agreement was executed in accordance with some policy. You want an audit. I have been there, seen the procedures, run the numbers, and independently verified that when followed yield the same result as reported. It's the difference between "Seem's legit" and "The numbers check out".