I concede that they have something in their reserves and that some people, at Te... | Hacker News

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		arcticbull on Feb 4, 2023 \| parent \| context \| favorite \| on: Tether ownership and company weaknesses revealed i... I concede that they have something in their reserves and that some people, at Tether, Inc. discretion, will be able to create and redeem Tether. I can't say without an actual honest-to-goodness audit that they are backed fully. But hey if they come up with one I'll be the first to eat my hat.

ETH_start on Feb 4, 2023 [–]

>>I can't say without an actual honest-to-goodness audit that they are backed fully.

That's a fair assessment.

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