“Tether, producing USDT steiblcoin, said Simon Makvilleams’ appointment would be an important step towards a full financial audit. According to presents, earlier the issuer published quarterly confirmation of reserves in cooperation with BDO. However, full audit will be an additional guarantee of financial honesty and accurate confirmation of the volume of stablcoin. This step is especially important in […]”, – WRITE: Businessua.com.ua

Tether, producing USDT steiblcoin, said Simon Makvilleams’ appointment would be an important step towards a full financial audit.
According to presents, earlier the issuer published quarterly confirmation of reserves in cooperation with BDO. However, full audit will be an additional guarantee of financial honesty and accurate confirmation of the volume of stablcoin.
This step is especially important in the context of the global expansion of Tether. Against the background of increasing demand for digital dollar assets, the company recently moved the headquarters to Salvador and received a DASP license.
“The experience of Makville in the field of financial audit makes him an ideal financial director who will bring Tether to a new era of transparency,” Paolo Ardoino said CEO.
At the same time, Tether announced the transition of Jancarlo Devasini, who previously held the post of CFO, as chairman of the board of directors. It will focus on the development of macroeconomic strategy and long -term plans of the company.
CEO TETHER: USDT is a temporary measure on the way to Bitcoin-Standard
We will remind, on January 31 the issuer announced the record $ 13 billion of net profit on the results of 2024.
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