Monday was the beginning of this week.
Not one sentence from you has any importance! you have serious mental problems as a self-important idiot. No normal person acts like you!
-Buddy, tell Phil that getting angry is bad for your heart.
.
-Silver is one of the best and most used as conductors in electronic components,
if I had a store that sold hardware in general, I would invest in video cards and
others that use a lot, such as cards, because, if silver has gone up, this value will be
passed on where it is used,.
times of war and russia is buying refrigerators
to remove the plates and use them to make drones and guided bombs..
.. hahahaha,... each one that we hear...
-I worked in a factory that made the electrical part of cars, and connectors
of sensitive parts such as air bag, automatic transmission,
the connectors are gold plated and access controlled,
cars will also suffer from the increase of silver and gold
...
Gold
Venezuela possesses the largest official gold reserves in Latin America.
According to the World Gold Council, which monitors central bank holdings globally, Venezuela’s reserves are approximately 161.2 metric tonnes, worth more than $23bn in today’s market value.
Venezuela is also believed to hold some of the most significant untapped gold resources, but official data is outdated.
In 2011, former President Hugo Chavez announced the Orinoco Mining Arc, which would explore, nationalise and export metals. In February 2016, Maduro set out to further develop the area, with 12 percent of the country marked for mining across several states. The government said there were diamonds, nickel, coltan and copper reserves that it would mine.
In 2018, Maduro announced a “Gold Plan” to encourage investment in gold after signing mining deals with a number of foreign companies worth an estimated $5.5bn. However, none of these deals materialised, and most mines have remained under the control of non-state armed groups.
A 2018 mineral report by Venezuela’s Ministry of Ecological Mining Development estimated that the country holds at least 644 metric tonnes of gold, but the Venezuelan government has stated that the actual numbers could be much higher.
...~...
Probably the safest implementation is if every stablecoin issued is
backed dollar for fake dollar (but aren't they all fake dollars?)
so that they can be somewhat guaranteed to be redeemed.
But even that comes with risk,....
-While you think this is a lie, I'm sure none of this is true!
Tether (USDT) is a stablecoin issued by Tether Ltd., pegged 1:1 to the US dollar.
To maintain its stability and redeemability,
Tether holds an equivalent
amount of reserve assets(?) and regularly publishes reserve reports.
These reserves are primarily composed of
short-term US Treasury bills and US Treasury reverse repurchase agreements, along with
smaller portions held in cash and other assets.
After the creation of the Federal Reserve, the dollar stopped being backed by the gold
standard and started to be backed by the debt standard,
where each dollar represents a fraction of the debt,
where the lie begins, before, with a dollar bill, you could exchange
it for the equivalent of gold, now, you buy gold with it, but the value
is individual, gold is still worth gold, and a dollar you have is a promise
from a guy who owes you and says he'll pay you, and then you use
that promise to buy things,
- it's here, the guy owes me and this paper
is a guarantee, sell me some food because
I'm hungry, take this debt here, the government is a good payer,...
.Continued Scrutiny: Despite its extensive adoption, Tether consistently faces scrutiny
concerning its reserve transparency, asset management practices,
and adherence to regulatory requirements.
Regular quarterly attestations conducted by BDO, supplemented by ongoing
comprehensive audits from one of the Big Four global accounting firms,
have significantly enhanced Tether’s financial transparency,
addressing previous criticisms and bolstering stakeholder trust.
Summary
Market Leadership: Tether (USDT) remains the dominant stablecoin, boasting a market capitalization between $150–$152 billion, equivalent to approximately 65–68% of the global stablecoin market.
High Liquidity: Daily trading volumes frequently surpass $75 billion, highlighting USDT's pivotal role in financial transactions within decentralized finance (DeFi) and centralized exchanges.
Continued Scrutiny: Despite its extensive adoption, Tether consistently faces scrutiny concerning its reserve transparency, asset management practices, and adherence to regulatory requirements.
Assessing USDT’s Safety & Reliability
Main mechanism for Stability
Tether maintains its stable $1 peg through carefully controlled minting and redemption processes. Each token issued is fully collateralized by tangible reserve assets, including fiat currency, U.S. Treasury securities, and diversified holdings. Upon redemption, tokens are systematically burned, thereby decreasing the circulating supply and preserving price stability. USDT is also widely used in crypto-to-crypto, such as BTC/USDT transaction due to their extreme speed and global nature.
Transparency in Reserves and Reporting Standards
As of Q1 2025, Tether maintains reserves exceeding $120 billion in U.S. Treasury bonds and holds an additional $5.6 billion as surplus reserves above total outstanding tokens. This means USDT is over-collateralized and is extremely safe.
Regular quarterly attestations conducted by BDO, supplemented by ongoing comprehensive audits from one of the Big Four global accounting firms, have significantly enhanced Tether’s financial transparency, addressing previous criticisms and bolstering stakeholder trust.
Every 3 months Tether (USDT) releases an independent audit report
Diversification of Reserve Assets
Tether has recently enhanced its reserve diversification by transferring approximately $8 billion worth of gold reserves to a secure vault facility in Switzerland. This strategic move aims to strengthen the quality and stability of its reserves by reducing reliance on a single asset class, thus boosting investor confidence and market reliability.
Audit shows a consistent over-collateralized position of $5.5 billion (March 2025). Much of their assets are allocated to U.S. T-Bills
For context, Tether USDT holds more US treasury than Canada, Taiwan and Norway, ranking 7th in the world. X Source.
Advantages of Holding USDT
Efficient Global Transactions: Facilitates fast, low-cost international transfers paired with the reliability and stability of the U.S. dollar, supporting both global trade and personal remittance needs.
Programmability and Versatility: Serves as a programmable asset, optimal for diverse financial applications such as DeFi protocols, cross-chain interoperability, decentralized exchanges, and global payment solutions.
Broad Market Acceptance: Fourth largest crypto asset by marketcap. causing widespread adoption across financial institutions ensures high liquidity, accessibility, and seamless interoperability.
Easy-to-use: Unlike setting up a bank account, USDT only requires a wallet app, or an account on a crypto exchange which as of recently have streamline KYC procedures beyond traditional banking onboarding.
The 4th largest crypto asset, but what is actually backing it, and do they have the money?
Key Risks & Considerations
Regulatory Challenges: Proposed regulations, notably the "GENIUS Act" in the United States, may mandate stringent transparency and reporting measures.
Non-compliance could lead to significant restrictions or potential bans,
severely impacting USDT's market utility.
Reserve Quality and Management Concerns: Ongoing critiques target Tether’s reserve
management practices, specifically the creditworthiness of counterparties,
asset allocation strategies, and transparency during redemption procedures.
Peg Stability Risk: Though historically infrequent and temporary,
the potential for peg deviations (depegging) persists.
Continuous and reliable peg stability remains essential to
maintaining investor trust and market stability.
Absence of Government Insurance: USDT holdings lack protections
provided by deposit insurance schemes such as the
Federal Deposit Insurance Corporation (FDIC), l
Leaving holders vulnerable in scenarios of extreme financial distress....
The Take Away
Tether (USDT) sustains its position as the foremost stablecoin with a market capitalization
exceeding $150 billion, substantial daily trading activity, and improved transparency regarding reserves. Strategic diversification into U.S. Treasuries and gold reserves has strengthened its
financial foundation.
Nevertheless, ongoing regulatory oversight and the absence of formal government-backed insurance remain key risk factors. Continuous enhancements in audit practices and transparent financial disclosures underpin investor confidence and ensure USDT’s sustained prominence in the cryptocurrency ecosystem.
And then I think:
- how will this debt be paid and how will it be paid?,
with gold in cash and or more debts?
"Tether’s USDT Downgraded To ‘Weak’ By S&P After Bitcoin Stores Exceed Reserve Cushion
S&P Global said the quality of USDT’s reserves has deteriorated over the past year."
Tether’s growing reliance on Bitcoin (BTC) pushed S&P Global on Wednesday to cut USDT (USDT) to ‘weak’ from ‘constrained’, its lowest rating.
S&P Flags Rising Risk Exposure to Bitcoin
In its assessment, S&P Global said Bitcoin now represents 5.6% of USDT in circulation, exceeding the 3.9% overcollateralization margin implied by Tether’s latest reserves. That means the reserve buffer can no longer absorb a meaningful decline in Bitcoin’s value. A drop in Bitcoin, combined with weakness across other high-risk holdings, could reduce overall reserve coverage and potentially leave USDT undercollateralized, the firm noted.
The agency said its rating reflects “persistent gaps in disclosure” and the expansion of riskier exposures across the reserve portfolio. These assets include Bitcoin, gold, secured loans, corporate bonds, and other investments that carry credit, market, interest-rate, and foreign-exchange risks.
S&P also pointed to weaknesses in transparency around reserve management, the absence of asset segregation if Tether becomes insolvent, and limitations around USDT’s primary redemption mechanisms
Prabhjote Gill·Stocktwits
Published Nov 26, 2025 >
https://stocktwits.com/news-articles/markets/cryptocurrency/tether-usdt-downgraded-to-weak-after-bitcoin-exceed-reserve-cushion/cL53vojREWthttps://tether.to/en/transparency/?tab=usdt >
Transparency
All Tether tokens are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s Reserves. Information about Tether Tokens in circulation is typically published daily.1 The Tether Issuer's2 assets exceed its liabilities.
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