Where is Tether keeping it's money? [Part I]
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:What is Tether? How is it different from other Cryptos out there?What is a stablecoin & how does it work?Discussion on the internal functioning of Crypto exchangesDiscussion on the Bloomberg Report & answering the billion dollar Q - 'WHERE IS TETHER KEEPING ITS MONEY?'Talking about a potential connection between Tether and the Evergrande Group & other Chinese real estate playersHow Tether is working like a bank and literally minting easy money How Tether got itself into such a position in the first place?CEO/CFO of Tether - what are they upto?
