Stablecoin issuer Tether Holdings appointed Simon McWilliams, a finance executive with over two decades of experience, to its CFO role as the company “takes a historic step toward a full financial audit,” according to a Monday announcement.
The appointment comes as Tether “is making a firm commitment to completing a full audit, a crucial step in raising industry standards and strengthening regulatory engagement,” the El Salvador-based company said. As CFO, McWilliams will “spearhead Tether’s further commitment to transparency and regulatory readiness,” Tether said.
McWilliams will replace long-time CFO Giancarlo Devasini — the “visionary behind USTD,”…
