Usdc is audited by Deloitte on a monthly basis.
It would be pretty stupid for Paolo to end up being naked, now that his business is printing money left and right.
To make it clear I am not pro tether, I am against visceral hate which was justified years ago but I feel it isn’t anymore. Tether gained my sympathy by freezing quite promptly funds from various hacks.
Circle on the contrary have failed every single time.
https://cryptobriefing.com/circle-lazarus-group-accusations/
Anyways this is totally unrelated
It will make for a good Netflix documentary once they get their audit