On-Chain News from Telegram Channel @CATHOLICCRYPTO:
--- NEWS 1 (Time: 03:50:12 14/08) ---
❌ Is there an end to FUD about Tether from now on?
💰 Tether has just officially completed the largest independent financial audit to date, with KPMG involved in the audit.
📊 And the most notable figure:
💰 Reserves over liabilities: 6,814 billion USD
💵 The balance-sheet scale related to about 184 billion USD in USDT
🛡 KPMG also conducted an inventory and verified in person each gold bar that Tether holds.
💰 Unlike previous attestation reports of reserves, this time the audit scope covers assets, liabilities, transactions, valuation, and cash flows.
⌛ After many years being hit with FUD about USDT’s backing, this could be one of Tether’s biggest steps forward in transparency and trust.
👉 Which stablecoin are you most bullish on right now: USDT or USDC?
--- NEWS 2 (Time: 03:39:38 14/08) ---
⛔️ The keyword “CRYPTO IS DEAD” is appearing again—very thickly
💬 According to Santiment: On X, Reddit, Telegram… more and more people are saying “crypto is dead,” “it’s over,” “the end.”
✔️ This is often a sign of
--- NEWS 1 (Time: 03:50:12 14/08) ---
❌ Is there an end to FUD about Tether from now on?
💰 Tether has just officially completed the largest independent financial audit to date, with KPMG involved in the audit.
📊 And the most notable figure:
💰 Reserves over liabilities: 6,814 billion USD
💵 The balance-sheet scale related to about 184 billion USD in USDT
🛡 KPMG also conducted an inventory and verified in person each gold bar that Tether holds.
💰 Unlike previous attestation reports of reserves, this time the audit scope covers assets, liabilities, transactions, valuation, and cash flows.
⌛ After many years being hit with FUD about USDT’s backing, this could be one of Tether’s biggest steps forward in transparency and trust.
👉 Which stablecoin are you most bullish on right now: USDT or USDC?
--- NEWS 2 (Time: 03:39:38 14/08) ---
⛔️ The keyword “CRYPTO IS DEAD” is appearing again—very thickly
💬 According to Santiment: On X, Reddit, Telegram… more and more people are saying “crypto is dead,” “it’s over,” “the end.”
✔️ This is often a sign of