Report: The issuer of Tether has currently suspended its financing plan of up to $20 billion.

The plan of stablecoin giant Tether Holdings SA to raise as much as $20 billion has been temporarily suspended. The company is waiting for the results of its first full financial audit, which could restart one of the most anticipated fundraising activities in the digital asset era. According to sources, throughout the fundraising process, potential investors and banks have been asking Tether to increase financial transparency. However, even without an audit report, some potential supporters are still prepared to back the company.