Tether Pursues Big Four Audit Amid Africa’s USDT Growth
Tether confirms Big Four audit pursuit, a transparency milestone for Africa where stablecoins account for almost half of crypto transaction volume. After 2021 CFTC sanctions for reserve misrepresentation, CEO Ardoino says audit “has become imperative as we serve markets like Africa where trust is paramount.” Expected completion: end 2025. Implications span Nigeria, Kenya, South Africa’s USDT-reliant markets.