• Tether finally admits it backs some of its dollars with Bitcoin. It was suspected it loaned money to others who backed the new USDT with Bitcoin deposits. Now they admit to doing so themselves. TerraUSD collapsed when they backed dollars with crypto. https://tether.to/en/tethers-latest-q1-2023-assurance-report-shows-reserves-surplus-at-all-time-high-of-244b-up-148b-in-net-profit-new-categories-for-additional-transparency-reveals-bitcoin-and-gold-allocations/ 78 comments 12/5/2023 btc
• Tether's Q1 2023 Assurance Report Shows Reserves Surplus At All-Time High of $2.44B, up $1.48B in Net Profit; New Categories for Additional Transparency Reveals Bitcoin and Gold Allocations https://tether.to/en/tethers-latest-q1-2023-assurance-report-shows-reserves-surplus-at-all-time-high-of-244b-up-148b-in-net-profit-new-categories-for-additional-transparency-reveals-bitcoin-and-gold-allocations/ 8 comments 10/5/2023 cryptocurrency

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