Tether prioritizes transparency and drops opposition to FOIL for openness.
Disclosed documents confirm Tether’s reserves, debunking rumors about reliability.
In a noteworthy move, Tether, the leading stablecoin, has decided to drop its opposition to the Freedom of Information Law (FOIL) matter. This pivotal decision stems from Tether’s commitment to transparency, particularly during the prevailing financial uncertainty. At its heart, Tether aims to provide openness, stability, and liquidity, critical values to its thriving community.
Tether raises the bar of transparency in the industry, dropping its opposition in the FOIL matter. In moments of global financial uncertainty, like the current one, we believe it’s important to give a strong signal to our community. Prioritizing openness, stability and liquidity… pic.twitter.com/bQtdGkSuS4
— Tether (@Tether_to) June 15, 2023
Today, Tether stands robust, boasting the largest market cap in its history. Earlier this year, Tether du
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