Stablecoin Collateral: Why You NEED To Pay Attention!! 😨

📲 Insider Info in my Socials 👉
🛒 Get The Hottest Crypto Deals 👉
👕 “Bitcoin Illusion” Shirt 👉
🔥 TOP Crypto TIPS In My Newsletter 👉


📺Essential Videos📺

Stablecoin Comparisons 👉
Stablecoin Crypto Market Risks 👉
Stablecoin Crypto Price Manipulation 👉
Tether Lawsuit Explained 👉


0:00 Intro
2:04 What Are Stablecoins?
5:26 Tether USDT Reserves
7:56 Circle USDC Reserves
10:32 Paxos BUSD PAX Reserves
12:10 What Are The Assets Backing Stablecoins?
14:30 Which Stablecoin Has The Best Collateral?
17:14 Conclusion


⛓️ 🔗 Useful Links 🔗 ⛓️

► Tether Transparency Reports:
► Tether USDT Reserves Breakdown:
► Circle Transparency Reports:
► Circle USDC Reserves Breakdown:
► Paxos Transparency Reports:
► Paxos BUSD PAX Reserves Breakdown:
► Tether Legal:


👨‍🏫What Are Stablecoins?👨‍🏫

Generally speaking, there are three types of stablecoins: fiat backed, crypto backed, and algorithmic. All of them ultimately maintain their dollar pegs by adjusting their supply based on demand

Fiat backed stablecoin issuers have historically not been very transparent about whether their tokens are fully backed by dollars

This has led to a lot of stablecoin competition in the crypto space, with each new fiat backed stablecoin company claiming that its tokens are backed by more dollars than its competitor’s tokens

🕵️‍♂️Tether USDT Reserves🕵️‍♂️

According to Tether, the USDT in circulation is backed by the following assets: 76% Cash, Cash Equivalents, Short Term Deposits, and Commercial Paper, 12.5% secured loans, 10% corporate bonds, funds, and precious metals, and 1.5% other assets, including digital tokens, AKA cryptocurrency

⭕Circle USDC Reserves⭕

According to Grant Thornton, the USDC in circulation is backed by the following assets: 61% cash and cash equivalents, 13% Yankee certificates of deposit or CDs, 12% US treasuries, 9% commercial paper, 5% corporate bonds, and less than 1 percent in municipal bonds

🏦Paxos BUSD PAX Reserves🏦

According to Withum, 96% of all Paxos stablecoins are currently backed by cash or cash equivalents, with 4% being backed by US treasuries

🤔What Are The Assets Backing These Stablecoins?🤔

Almost all of the assets backing the largest stablecoins are some form of debt, i.e. money that’s been lent out. If you’re wonder why all these stablecoin companies are holding so much debt, the answer is interest. The companies behind these stablecoins can make money on their clients’ money by lending it

🤼‍♂️Which Stablecoin Has The Best Collateral?🤼‍♂️

Tether’s account of what’s backing USDT should be taken with a grain of salt. That’s because they simply posted a pie chart without oversight from any accounting or auditing firm

While Paxos and Circle do provide attestations of their reserves on a monthly basis, an attestation is not the same as an audit

An attestation is just when a third party verifies the information being shown to them. An audit is when a third party actually goes digging through all the paperwork to see what’s not being shown to them

This is the biggest difference between Paxos and its two contemporaries is that it is a regulated trust, and that’s why such a large percentage of Paxos’ reserves are made up of cash and cash equivalents

Even if all their cash equivalents are debts of some kind, they are a form of debt that can be quickly redeemed for dollars regardless of market conditions. This makes Paxos’ stablecoins the best


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #Tether #stablecoin #USDC #reserves #regulation

Fibonacci Forex Trading

Fibonacci Foreign exchange trading entails making use of Fibonacci retracement patterns in order to acknowledge reversals on a supply chart. Leonardo Pisano (much better known by his nickname, “Fibonacci”), an Italian mathematician from 12th century Pisa, created these numbers, which are a series of numbers in which each successive number is the sum of both previous numbers.

Currency Trading Tips

Money trading on the Forex market is ending up being one of one of the most preferred trading activities around the world. Nevertheless, to truly become efficient and successful from money trading, some currency trading suggestions will certainly be beneficial to actually benefit from this task. Deutsche Bank, one of one of the most well known financial institutions on the planet, provides lots of trading pointers to aid prospective traders gain on the Forex market.

A Review of Fap Turbo

Fap Turbo is a software robotic that is made use of to keep an eye on trading within the Foreign exchange Market. After setup and arrangement, everything is automated as well as it will carry out all purchase as well as offer options with no action from you. You simply obtain it establish and also running, after that watch it increase your financial investment.

Classic Forex Trading Warnings and Alerts

There are some concept and fundamental regulations in currency trading which have been benefiting decades. Sadly, lots of foreign exchange traders are overlooking them as well as enduring substantial losses in therefore. Here is an overview of these rules.

Forex Trading Information for Beginners

Foreign exchange trading can be a daunting job than supply trading. One point that you must know is that foreign exchange market is actually less complex and uncomplicated than the securities market. The first thing to do is to open up a trading account with a retail broker. There are some documents tasks that are involved when you are opening up an account.

You May Also Like