You haven't mentioned that Tether has never been audited. Despite the users asking for an independent audit of Tether's reserves, Tether has refused to do an audit to this date. This behavior is suspicious to say the least.
Attestations are NOT audits.
my guess is they do a big four audit shortly as part of the process of formalizing their relationship with the us gov but we shall see
You misunderstand. One key benefit of tether getting establishment approval is that nobody in the establishment expects them (or anyone else) to be full reserve. That's something you only do if you're trying to appeal to weird cypherpunks and Austrians whackos.
