Tether Responds to Deutsche Bank's Stablecoin Warning, Upholds | Crypto Sale

Tether Responds to Deutsche Bank's Stablecoin Warning, Upholds Reserve Transparency

Tether criticized a Deutsche Bank report that raised concerns about stablecoins' stability, including Tether's USDT. The report predicted potential crises similar to Terrausd's 2022 collapse, citing issues like speculative sentiment and lack of transparency. Tether defended its transparency and reserve practices, dismissing the report's conclusions and questioning Deutsche Bank's credibility.