"Tether: The crypto colossus built on trust or on shifting sands?"
With a market capitalization of over 140 billion USD, Tether (USDT) is the liquidity engine in the crypto ecosystem. However, the lack of a complete and transparent audit of its reserves raises major questions. Despite promises, Tether has yet to provide an audit conducted by a Big Four firm, fueling concerns about a potential liquidity crisis similar to that of FTX.
Questions for reflection:
Is Tether an essential pillar of the crypto market or a systemic vulnerability waiting to happen?
How could a potential collapse of USDT affect the entire digital financial ecosystem?
Is stricter regulation of stablecoins necessary to prevent major risks?
