Comment

Comment by kryptk

As usual with crypto, it's up to the investor to perform due diligence.

BUSD as of Oct 29th had a market cap of $13.1B USD which was fully backed by fiat USD held in bank accounts which are audited monthly [1]

USDT has a market cap of $74B and has never been fully audited and last released an attestation report in March 2021.

[1] https://paxos.com/attestations/

parent kryptk 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton