2 Comments
User's avatar
David G.W. Birch's avatar

Re: Tether reserves.

See note 2 to their report: "Reserves reports are not financial statements but selected financial information extracted from accounting records".

Expand full comment
Jeremy Light's avatar

when governments bonds are issued on blockchains, issuers will be able to demonstrate 24/7 their reserves match the stablecoin tokens issued and programatically ensure the two are in step

Expand full comment