Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether’s mad money
July 21, 2021
Crypto Nanobot
0
Auditors working for Circle have disclosed the reserves backing the firm’s USDC stablecoin, while Mad Money’s Jim Cramer has questioned Tether’s lack of transparency with its USDT reserves. Multi-national tax advisory firm Grant Horton conducted the audit, and a reserve attestation report was published on July 20 which showed that 61% of USDC’s reserves were […]
