@chaplino
Tether (firm behind USDT) has long been the subject of speculation re its non-transparent activities, largely as a result of not having been formally audited by a big 4 (uses BDO Italia for partial audit).
Despite this, USDT is the go-to stablecoin for many parts of the world (eg Nigeria, which made USDT/Naira conversion illegal due to its increasing popularity). Nigeria has also sued Binance, detaining two of its employees for months in prison (Gambaryan), who were invited to Nigeria for talks with the government.
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