Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: sirty143 on July 22, 2021, 05:29:45 PM

Title: Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stableco
Post by: sirty143 on July 22, 2021, 05:29:45 PM
(https://i.imgur.com/TZydMACm.jpg)

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 (https://cointelegraph.com/news/tether-promises-an-audit-in-months-as-paxos-claims-usdt-is-not-a-real-stablecoin).

Your opinion is greatly appreciated.
Title: Re: Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stableco
Post by: Surmount on July 23, 2021, 01:49:47 AM
They've been promising audits for years. I consider them a ShadyCoin.
Title: Re: Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stableco
Post by: kent47400 on October 07, 2021, 07:39:30 AM
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.
Title: Re: Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stableco
Post by: damsix on October 13, 2021, 05:08:37 AM
Quote from: kent47400 on October 07, 2021, 07:39:30 AM
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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.
Title: Re: Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stableco
Post by: masudginanjar on October 19, 2021, 08:25:49 AM
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.