Bloomberg: Tether has suspended a $20 billion financing plan while awaiting the results of its first comprehensive financial audit.

2026-03-25 02:14:24

Mars Finance reports that, according to Bloomberg, stablecoin issuer Tether Holdings SA previously planned to raise $20 billion, but the plan has now been paused. The company is awaiting the results of its first comprehensive financial audit and may restart fundraising after the audit results are released. sources familiar with the matter said that throughout the fundraising process, potential investors and bankers have been urging Tether to increase financial transparency, but one insider mentioned that some potential investors are still willing to support the company before the audit results are announced.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.