Tether, the world's largest stablecoin, has announced a change in its CFO position and reiterated its commitment to conducting a full audit of its reserves. Simon McWilliams will replace Giancarlo Devasini as CFO, while Devasini will continue as chairman. Tether's promise of an audit has been a long-standing issue, with critics questioning the lack of transparency. Previous claims of audits have not materialized, and past attempts to engage auditors were unsuccessful. Tether's current plans for the audit, including the timeframe and starting point, have not been clarified.



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