Tether has enlisted the Big Four accounting firms to audit USDT reserves. What the market is actually trading first is expectations around transparency. For $ETH , this type of news is more like an indirect positive, with fewer concerns about DeFi and on-chain funds, sentiment will be smoother, but before the results come out, don't treat it as a foregone conclusion in advance.
Tether has enlisted the Big Four accounting firms to audit USDT reserves. What the market is actually trading first is expectations around transparency. For $ETH , this type of news is more like an indirect positive, with fewer concerns about DeFi and on-chain funds, sentiment will be smoother, but before the results come out, don't treat it as a foregone conclusion in advance.