Tether Appoints New CFO to Drive Full Audit, Reinforcing Transparency Efforts

Tether, the world’s largest stablecoin issuer has appointed Simon McWilliams as its new CFO, marking a pivotal step toward completing a full financial audit. McWilliams, a finance veteran with over 20 years of experience, will oversee Tether’s regulatory and institutional engagement, further strengthening its position in the global financial ecosystem.

This move signals Tether’s deeper commitment to financial transparency. While the company already conducts quarterly attestations with BDO, one of the world’s top accounting firms, a full audit will provide greater verification of reserves and operational integrity.

Tether’s influence extends beyond crypto. It has $113 billion in U.S. Treasury holdings, making it the 18th largest holder of U.S. government debt. These holdings bolster the U.S. financial system while providing critical dollar access to over 400 million users worldwide.

As part of this transition, Giancarlo Devasini, Tether’s former CFO and one of the key architects of USDT will assume the role of Chairman, focusing on macroeconomic strategy and institutional growth.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。