THE STABLECOIN SCANDAL OF THE CENTURY!! USDT, USDC, & US TREASURY BILLS!!!
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Watch Chico Crypto Video: THE STABLECOIN SCANDAL OF THE CENTURY!! USDT, USDC, & US TREASURY BILLS!!!.
The two largest stablecoins ($USDC & $USDT) colluded together to share US Treasury Bills so Tether could be “fully” backed!? There is data out there that points to this being the case!! Back in 2021 USDC parent company Circle had major issues with their audits including falsely reporting assets. Was this when t-bills were shared with Tether? If true this would be the SCANDAL of the century!!
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⏰ Time Stamps ⏰
00:00 Intro: USDC in bed with USDT?
01:17 Digging into the Tether’s Treasury Bill exposure
02:20 Circle’s treasury holdings align with Tether’s
05:34 Digging into Circle’s Treasury Bill exposure
08:09 Circle suspiciously hiding Treasury Bill activity
09:53 Digital Currency Group shady activity behind the scenes
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*Disclaimer*
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
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