@katecrypto
🪀 Tether may finally become a more transparent company
During the process of raising $20 billion, potential investors and bankers insisted on increasing transparency within Tether’s internal operations.
⏸️ As a result, the deal has been put on hold — the company is waiting for the results of its first full financial audit, being conducted by one of the Big Four firms.
This is the most extensive audit in Tether’s history, as the company has not been known for high transparency in the past — which regularly fueled FUD around it.
After the audit, questions about Tether will either be fully resolved or, on the contrary, confirmed 🤨
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