Tether Appoints New CFO to Drive Full Audit
- Simon McWilliams appointed as Tether’s new Chief Financial Officer.
- Giancarlo Devasini transitions to Chairman, focusing on macroeconomic strategy.
- Tether commits to a full audit to enhance transparency and regulatory readiness.
- The company is the largest stablecoin issuer, holding 61% of the $232.6 billion market.
- Tether holds over $113 billion in U.S. Treasurys, ranking as the 18th largest holder globally.
Tether has appointed Simon McWilliams as its new CFO, emphasizing a commitment to complete a full audit for improved transparency. Giancarlo Devasini will now serve as Chairman, focusing on strategic expansion. Tether leads the stablecoin market with significant holdings in U.S. Treasurys.
Source (2.6)https://www.theblock.co/post/344251/tether-new-cfo-full-audit
