Tether, the largest stablecoin issuing company, has completed a major security audit that proves its compliance and reliability.
According to an official release, the firm has undergone the System Organization Control (SOC) 2 Audit Type 1, its first phase in attaining the highest level of security compliance.
Tether Undergoes Security Audit
The American Institute of Certified Public Accountants (AICPA) tagged a SOC 2 examination as a report on controls that pertain to a firm’s security, availability, processing integrity, confidentiality, or privacy. Such reports aim to address users who need detailed information and assurance about a service organization’s controls.
Tether said the SOC 2 Type 1 audit is a gold standard in security compliance at the AICPA, and completing the examination highlights its commitment to delivering secure operations.
Through the audit, the AICPA ensured that Tether has robust IT control measures to enhance the safety of its systems, the business can be a
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