📣 Gate Post Ambassadors New User Invitation Campaign: Win Exclusive Merch and a $2,000 Prize Pool!
💰 Top ten Ambassadors will receive exclusive merch, including Windbreaker Jacket, Tea Set, Sweatshirt and more!
💰 Other Ambassadors will earn $10 for every successfully invite, with a total prize pool up to $2,000!
💰 You can also earn referral commission and up to 500 USDT after friends complete tasks!
Not a Gate Post Ambassador yet? Join now 👉 https://www.gate.io/questionnaire/4937
Guide to joining the Invitation Campaign:
1️⃣ Become an Ambassador and click the event form in Ambassadors G
Tether is in talks with the Big Four accounting firms for reserve audits.
On March 22, according to Reuters, Tether, the world's largest stablecoin issuer, is in discussions with one of the Big Four accounting firms to advance its long-promised reserve audit. Tether has issued over $140 billion worth of crypto assets pegged to the US dollar, and the company claims that each token is backed by dollar-denominated assets. Currently, it only publishes quarterly reports and has not completed a full audit. Tether CEO Paolo Ardoino did not disclose the specific firm or audit timeline being discussed, stating, "This (audit) is our top priority." Earlier this month, Tether appointed Simon McWilliams as Chief Financial Officer to lead the comprehensive financial audit. Meanwhile, Tether is continuously enhancing reserve transparency, having purchased over $33.1 billion in US Treasury bonds in 2024, making it the seventh-largest buyer of US Treasury bonds.