You say this on a thread that confirms Tether to be an unmitigated fraud. How an... | Hacker News

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		cuteboy19 on Jan 15, 2022 \| parent \| context \| favorite \| on: It’s not still the early days of blockchain You say this on a thread that confirms Tether to be an unmitigated fraud. How and why are we supposed to trust in USDC, USDP and all the other permutations of USD to not be frauds themselves. It is easy to give a 10% return when all your really doing is offering unbacked IOUs

landemva on Jan 16, 2022 [–]

For USDP you could look at the NY regulatory compliance of it. USDP appears to be the most regulated USD token.

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