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Exposing Tether - Bitcoin's Biggest Secret

Coffeezilla

Exposing Tether - Bitcoin's Biggest Secret

Coffeezilla gives a comprehensive history of Tether, the stablecoin issued by a company controlled by the owners of Bitfinex. He lays out accusations that it is not fully backed.

HN commenters recommend it as the best single, entertaining overview of Tether's dubious history, and cite it when arguing Tether lacks real USD backing.

15 Hacker News mentions · 2021–2025

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