BlockBeats News, March 25 — According to Bloomberg, sources reveal that stablecoin issuer Tether Holdings SA has paused its $20 billion fundraising plan. It is awaiting the results of its first comprehensive financial audit and may resume fundraising after the audit results are released.
During the fundraising process, potential investors and bankers have been urging Tether to increase financial transparency, but some potential investors are still willing to support the company before the audit results are announced. Currently, Tether has hired an accounting firm to conduct the audit.
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