After 12 years of trading in the crypto market, Tether’s USDT is finally getting an audit. This is something investors and critics have been demanding for years – and now, it’s actually happening. That’s because Tether has tapped KPMG (a “Big Four” auditor) to carry out a comprehensive review of its reserves. For the first time, we’ll get a clear look at what’s really backing crypto’s largest stablecoin, USDT.
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📺Essential Videos📺
Yield Ban 👉 https://youtu.be/1Qnm8OLOSZg
USAT Stablecoin 👉 https://youtu.be/EKC9Zbap_4Q
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⛓️ 🔗 Useful Links 🔗 ⛓️
► First Ever Tether Audit: https://cointelegraph.com/news/tether-discloses-full-reserve-breakdown-for-the-first-time
► Circle Drops 20%: https://www.ccn.com/analysis/crypto/tether-audit-usdt-finish-what-clarity-act-started-circle-stock-crashes
► Tether’s Transparency Page: https://tether.to/en/transparency/?tab=usdt
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~ TIMESTAMPS ~
0:00 The History of Tether
5:31 Tether’s Path To Transparency
11:18 Why An Audit Has Taken This Long, And Why Now?
15:19 What Impact Could Tether’s Audit Have?
18:48 Which Cryptos Could Benefit
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #stablecoins #tether