Tether Faces Potential Ban in Europe Under MiCA Regulations
Questions about Tether’s reserves and transparency persist. While BDO Italia conducts assurance reports on its reserves, podcast host Jason Calacanis remains skeptical: “They still haven’t passed an audit by a major firm — while having tens of billions under their ownership.”
Meanwhile, Tether CEO Paolo Ardoino remains optimistic, emphasizing the company’s efforts to expand real-world use cases for $USDt and other technologies. “Our dedication goes to the hundreds of millions (likely billions) of people in our network of reach. Unstoppable TogETHER,” Ardoino said.