Report: Tether's financing plan of up to 20 billion dollars is currently suspended

The company is currently awaiting the results of its first comprehensive financial audit, a step that could potentially restart one of the most anticipated fundraising activities of the digital asset era. According to sources familiar with the matter, throughout the fundraising process, potential investors and banks have consistently requested that Tether improve its financial transparency. However, even without an audit report, some potential backers are still prepared to support the company. Read more