Tether Seeks ‘Big Four' Audit to Reassure Investors on USDT Reserves
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Tether is in advanced discussions with a top-tier accounting firm to conduct a comprehensive audit of its USDT reserves, aiming to enhance transparency and investor confidence. CEO Paolo Ardoino believes the current U.S. regulatory environment is more conducive to this effort, and the company has made strategic moves including partnering with Cantor Fitzgerald and appointing a new CFO.
March 24, 2025 | 2:45 pm
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POSITIVE IMPACT
A potential Big Four audit could significantly improve market confidence in Tether's reserves, potentially stabilizing USDT's value and market position.
A successful audit would directly address long-standing concerns about USDT's reserve backing, potentially increasing investor confidence and market stability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100