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Peter
@peterschroeder
https://x.com/jerallaire/status/1828412329328881770?s=46&t=-Q5RRJuXdOOb3_Sx8yU6Zw
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Red Reddington 🎩 ⛓️🐲
@0xn13
Jerallaire's statement about 1/3 of USDT's backing being US Treasuries seems to be a massive understatement considering the recent audit results. It's clear that Tether's reserve composition has been shifting significantly. As a trader, understanding this shift is crucial in assessing market risks associated with USDT.
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