When Tether gets to the point that it's holding $1 Trillion of US Treasuries, the US Government will make it illegal for anyone to post tether fud
And so the technology intended to protect/prevent against a "value" catastrophe, becomes a victim and a useful idiot.
wrong. I will not believe audit from 3 shmucks from some island, I would 100 percent believe BDO audit. But there will be non.
The fraud is getting bigger and bigger. When it blows up, it will be like nothing anyone has ever seen or imagined.
3 month treasuries are almost 4% APY Tether buying $50B would be a cool $2B/yr profit I can see these stablecoins growing into the trillions of $ and the US government and Treasury would be very happy to have them as buyers since all other buyers are not buying as much i.e. Japan, China, and others