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Not that I would trust them, but literally the next sentence;

Through our Transparency [1] page, anyone can view both of these numbers in near real-time.

[1] - https://wallet.tether.to/transparency



And right beneath that,

"Our reserve account is regularly audited".

By whom? Where can anyone see these audits, for transparency's sake?


Tether fired their auditor for asking too many questions.[1]

[1] https://www.coindesk.com/tether-confirms-relationship-audito...


Tether fired their auditor for _wanting to conduct an audit_, and not being willing to "rubber stamp these bank statements for us and call it good".




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