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flag Tether, a major stablecoin issuer, plans an audit by a Big Four firm to boost transparency.

flag Tether, the issuer of the world's largest stablecoin, is discussing an audit of its reserves with a Big Four accounting firm. flag The company, which has issued over $140 billion in US dollar-pegged cryptocurrency, aims to improve transparency, as its reserves are currently only reported quarterly. flag CEO Paolo Ardoino says the audit is the company's top priority, and the CFO, Simon McWilliams, has been appointed to help achieve this goal.

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