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🎥WATCH: TETHER CEO EXPLAINS WHY $184B USDT DID NOT APPLY FOR MICA Paolo Ardoino said Tether did not apply for MiCA license because “it is very dangerous when it comes to stablecoins.” He said the rules could force issuers to park 60% of reserves in “uninsured cash deposits” at...

442,620 次观看 • 3 个月前 •via X (Twitter)

33 条评论

Andy Smith 的头像
Andy Smith3 个月前

He skipped MICA the same reason he is skipping Genius. Tether won’t pass an audit. Anyone that believes otherwise is wildly misled. A company does not leave the 2 biggest markets on Earth by choice.

Sir Nostalja 🇳🇬 🌍 🔞 的头像
Sir Nostalja 🇳🇬 🌍 🔞3 个月前

Nah. Tether is just a gang of frauds. They always running away from regulation. They've scammed the system well enough they're better off now.

hot takes 🔥 的头像
hot takes 🔥3 个月前

that's an interesting way to say you dont have reserves

MartyParty 的头像
MartyParty3 个月前

100% mica is a initiative to use stable coin backing to insure EU banks

CryptoN00b 的头像
CryptoN00b3 个月前

He means, they want something other than Bitcoin backing them. That's what he means.

AdrenalinwillUSA 的头像
AdrenalinwillUSA3 个月前

@DigPerspectives Cause Tether is backed by bull shit and the other ponzi scheme BTC 🤣

Littlehorse 的头像
Littlehorse3 个月前

He means they can't pass an audit

Jaymerc 的头像
Jaymerc3 个月前

What the fuck is this guy talking about this is what literally what banks do every day for the last fucking hundred years now all of a sudden there’s a concern about this. You just don’t want to disclose your books.

Optimus 的头像
Optimus3 个月前

Buddy, first complete your independent audit then we can talk about everything else.

Alan Smithee 的头像
Alan Smithee3 个月前

Come on man… did he really think we are all that dumb? They can’t pass an audit pure and simple.

The D Anywhere 的头像
The D Anywhere3 个月前

When you can’t pass audits, print out of thin air, run a pump n dump with bitcoin and operate illegally behind closed doors and have to move to move your business to El Salvador to protect against future litigation. But yeah right it’s all MICAs fault 😂😂

Trance Control 的头像
Trance Control3 个月前

Nose getting bigger n bigger every time he opens his mouth.

Bee Network Info 的头像
Bee Network Info3 个月前

bold move 🐝

Adam Ogilvie 的头像
Adam Ogilvie3 个月前

🤣 maybe USDT doesn't actually have the collateral to park it there. Show me the proof. Decentralized Stablecoin matter more then ever!! #Digidollar

Silence 的头像
Silence3 个月前

And tether has never had a real audit. I'm sure that has nothing to do with it.

Dami-Defi 的头像
Dami-Defi3 个月前

Reserve could tighten liquidity, not sure if that’s really dangerous though

Liberty Swap | C.R.O.P.S. on PulseChain 🗽 的头像
Liberty Swap | C.R.O.P.S. on PulseChain 🗽3 个月前

His explanation makes sense

Guerrilla Coder 的头像
Guerrilla Coder3 个月前

this is a very roundabout way to say that tether is backed by nothing and they issue it out of thin air

𝙃𝙖𝙯𝙢𝙪𝙪𝙩 🔴🐢🔆 的头像
𝙃𝙖𝙯𝙢𝙪𝙪𝙩 🔴🐢🔆3 个月前

It just depends who you trust. Do you trust Tether who keep minting new USDT tokens or do you trust European banks... so I don't quite agree with what he is saying. USDT has always been a little bit shady everyone has known for a while.

XRPALDIA 的头像
XRPALDIA3 个月前

Tether 🤣

Ethics 的头像
Ethics3 个月前

Excellent points imo. The banks won't keep the cash on hand. Tether has endured multiple large redemption / bank runs and have to plan for such scenarios

MONITOR THE SITUATION 的头像
MONITOR THE SITUATION3 个月前

Yeah or Tether is just unbacked, so not compliant anyways! Who could've thought...

Monic🎲♠️ 的头像
Monic🎲♠️3 个月前

Europe is getting rid of dishonest players from the continent. And @tether , @binance , @HTX_Global , @MEXC and others are the biggest criminals on the crypto market. Fuck all of them!!

Mohamad404 的头像
Mohamad4043 个月前

How could be “uninsured” “dangerous” while you are working with banks under supervision of European Central Bank and country financial authorities!? Then there are billions of deposits like that now 💀💀🤦‍♂️🤦‍♂️😭 smart way to avoid legalization

Philosopher Stone🏳️‍🌈 ❤ 🌍 的头像
Philosopher Stone🏳️‍🌈 ❤ 🌍3 个月前

BS they just don't want to give up their option to freeze people's funds and they just want to keep minting unlimited amount of USDT without backing. They can fuck off.

julie chen 的头像
julie chen3 个月前

You are right , I totally agree and EU is so corrupt your bank deposit would be sent to Ukraine. Trust is based on merit , not on a license. 😎

Mark Soares 的头像
Mark Soares3 个月前

Paolo is obviously correct in his assessment. It would be irresponsible to enroll into such an unbacked scheme.

Chainspect 的头像
Chainspect3 个月前

👀

SilverHoard 的头像
SilverHoard3 个月前

Well we've seen what happens to Russian funds. Who would trust European banks. They can't even remain neutral in a conflict they're supposedly not even involved in.

Fan 的头像
Fan3 个月前

Sicuro? Oppure senza audit (dato che non si sa come sia collateralizzato usdt) non può? E come mai da quando usdt non viene mintato btc non sale?!

Ted Trading Club 的头像
Ted Trading Club3 个月前

whether you like Tether or not, that 60% bank deposit rule deserves scrutiny

Alex Marzell 的头像
Alex Marzell3 个月前

Common Europe L

Reckless 的头像
Reckless3 个月前

@DigPerspectives Bullshit. Release the audit

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