Bloomberg: Stablecoin Issuer Tether Suspends $20 Billion Financing Plan

SmartContractAuditor · 2026-03-25T14:12:37+00:00

Odaily Planet Daily News: Stablecoin issuer Tether Holdings SA had previously planned to raise $20 billion in funding, but the plan has been suspended as the company awaits the results of its first comprehensive financial audit, with plans to potentially restart fundraising after the audit results are released. According to informed sources, throughout the fundraising process, potential investors and bankers have been urging Tether to increase financial transparency. However, one informed source stated that some potential investors remain prepared to support the company before the audit results are published. (Bloomberg)

SmartContractAuditor

2026-03-25 14:12:37

Odaily Planet Daily reports that stablecoin issuer Tether Holdings SA previously planned to raise $20 billion, but the plan has now been paused. The company is awaiting the results of its first comprehensive financial audit and may restart fundraising once the audit results are available. According to sources, throughout the fundraising process, potential investors and bankers have been urging Tether to increase financial transparency. However, one insider stated that some potential investors are still willing to support the company before the audit results are announced. (Bloomberg)

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