Bazaar

Where is Tether keeping it's money? [Part I]


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Inspired by the Bloomberg report which talks about the mystery behind Tether's $69B dollars backing the Tether in circulation, we created a two part series on Tether.

In Part I of the series we touched upon various questions like:

  1. What is Tether? How is it different from other Cryptos out there?
  2. What is a stablecoin & how does it work?
  3. Discussion on the internal functioning of Crypto exchanges
  4. Discussion on the Bloomberg Report & answering the billion dollar Q - 'WHERE IS TETHER KEEPING ITS MONEY?'
  5. Talking about a potential connection between Tether and the Evergrande Group & other Chinese real estate players
  6. How Tether is working like a bank and literally minting easy money How Tether got itself into such a position in the first place?
  7. CEO/CFO of Tether - what are they upto?
...more
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BazaarBy Siddharth Bothra