TechFlow reports that, according to Bloomberg, on March 25, stablecoin issuer Tether Holdings SA had previously planned to raise $2 billion but has now paused the fundraising effort, awaiting the results of its first comprehensive financial audit—after which it may resume fundraising. According to sources familiar with the matter, potential investors and bankers have consistently urged Tether to enhance its financial transparency throughout the financing process; however, one source indicated that some potential investors remain prepared to support the company even before the audit results are released.
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