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#tether
authorization security model
1/2 Authorizing on a chain means that Tether signers needs to access private keys. We don't want signers to access those keys so frequently (many times per day). That's why we do a bulk authorization to replenish the inventory.https://twitter.com/lunato1000/status/1237660604065693696 …
2/2
While the treasury wallet, where the authorized but not issued tokens are, requires a lower signature threshold /different set of keys.
All the processes are in the clear and @Tether_to has always publicly explained this model.
I was curious too, thanks for answering that!
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