Tether Is Preparing Audits For the Upcoming US Stablecoin Regulation

Recent reports claim that Tether CEO Paolo Ardoino is in talks with the Big Four accounting firms to finally conduct a third-party audit. However, some members of the community are skeptical, citing a lack of firm commitments. Such an audit would be mandated by upcoming stablecoin regulations, and an absolute requirement for future cooperation with the US government. Is Tether Finally Getting An Audit? Tether, the issuer of the world’s largest stablecoin, may soon seek closer integration with the US government source: https://beincrypto.com/tether-audit-preparation-us-stablecoin-regulation/