▶

Coffeezilla Investigates Tether's Backing and History

Coffeezilla · Commentary · YouTube title: Exposing Tether - Bitcoin's Biggest Secret
Why it's here

HN commenters recommend it as the best single, entertaining overview of Tether's dubious history, and cite it when arguing Tether lacks real USD backing.

What it covers

Coffeezilla gives a comprehensive history of Tether, the stablecoin issued by a company controlled by the owners of Bitfinex. He lays out accusations that it is not fully backed.