So this means Tether can ACTUALLY print money out of thin air without the actual deposit or collateral in place well, at least it's better than the central banker ie. we are able to have on-chain transparency whenever Tether printshttps://twitter.com/paoloardoino/status/1237648127383023616 …
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Please see
@paoloardoino tweet explaining this transaction. If you're going to be an influencer, try and be accurate
Hey please check herehttps://twitter.com/paoloardoino/status/1237679966306828288?s=19 …
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 …
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