Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stableco

[sirty143]

There will be an official audit of the world’s most popular stablecoin, Tether (USDT), within months, according to the project’s general counsel. An audit for the world’s third-largest digital asset has been awaited for several years... See more for yourself here.

Your opinion is greatly appreciated.

[Surmount]

They've been promising audits for years. I consider them a ShadyCoin.

[kent47400]

It really has to be detailed when the #DevelopmentTeam  creates a stable coin, and this is the crytpocrurency space.
PAXOS seems to want to wage war on USDT because this statement from PAXOS is really ignored by the entire cryptocurrency community.
And the only way is USDT must be able to pass their stable coin audit because the stable coin must be equal to the money in circulation or be graced.

[damsix]

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Relax friends!

Everything needs a process because I am sure that Tether will be very capable of being able to continue on the right track and of course Tether also has full support from various cryptocurrency communities.
If there was no support from the community, then Tether would have been knocked out of the Coinmarketcap top 100 ranking, right?
That's why Tether will be able to survive in the cryptocurrency space.

[masudginanjar]

Tether is constantly trying to get back on track because many competitors from cryptocurrencies, especially stable coins, question the foreign exchange reserves of USD for Tether, this seems inaccurate or a lie.
I see the real rivals for Tether are USDC and PAXOS because these two stable coins continue to question the legitimacy of a real USD supply to be able to compare 1:1 with USDT.