Tether Finally Gets an Audit, Passes

The audit matters less as a clean bill of health than as the end of a long-running credibility overhang: the industry's largest stablecoin has now cleared a bar it spent years being criticized for avoiding. That shifts the burden onto peers that still rely on attestations rather than full audits, narrowing the field of issuers who can claim comparable transparency. Whether the audit becomes a recurring practice or a one-off milestone is the open question, and it is the one that decides how much this actually changes.