Could the company not just issue a hundred trillion dollars of it in a day and sink the currency if they wanted to (or were forced into it). There's no built-i

Could the company not just issue a hundred trillion dollars of it in a day and sink the currency if they wanted to (or were forced into it). There's no built-in way to verify that minted Tether can be verified to be backed. If there were, firstly there'd be no questions about the backing at all, it's all public on the blockchain, and second, it would revolutionary and actually useful to have a smart contract that can track real assets and not let them vanish from under it.