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According to your link below (https://www.centre.io/usdc-transparency https://www.centre.io/usdc-transparency) these are not audits, but attestations. Tether ha
by hiq 5y ago
According to your link below (https://www.centre.io/usdc-transparency https://www.centre.io/usdc-transparency) these are not audits, but attestations. Tether has plenty of these as well.
- benreesman 5y agoI’m not an accountant but Google seems to think those things are substantially similar: https://www.quora.com/What-is-the-difference-between-an-audit-and-an-attestation https://www.quora.com/What-is-the-difference-between-an-audi... Not being an accountant I rely a lot on inside baseball, but I know some whales and I’ve never heard Tether described as credibly backed.
- hiq 5y agoNot an accountant either, but from past threads they seem to be quite different: https://hn.algolia.com/?dateRange=all&page=0&prefix=false&query=attestation%20audit%20tether&sort=byPopularity&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu... See in particular this comment from a user who claims to be a former auditor: https://news.ycombinator.com/item?id=27532670 https://news.ycombinator.com/item?id=27532670
- benreesman 5y agoThat comment was very enlightening and much better than anything on my first page of Google results. Thank you for pointing me to it.