Tether Pauses $20 Billion Financing Plan, Awaits First Comprehensive Financial Audit Results

GateNews

2026-03-25 12:02:30

Gate News Report, March 25 — According to Bloomberg, stablecoin issuer Tether Holdings SA has suspended its previously planned $20 billion fundraising and is currently awaiting the results of its first comprehensive financial audit. The fundraising may resume once 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. However, one insider mentioned that some potential investors are still willing to support the company before the audit results are announced.

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