Tether Strengthens Security with SOC 2 Type 1 Audit, Cementing Trust Leadership

Tether Holdings Inc. has successfully completed its System Organization Control (SOC) 2 Type 1 audit, a significant milestone in enhancing its security measures. The audit validates Tether's robust IT infrastructure, including firewalls, intrusion detection, and authentication protocols, ensuring the protection of user data and assets. By meeting the stringent criteria of Security, Availability, Processing Integrity, Privacy, and Confidentiality, Tether demonstrates its commitment to being a world-class leader in stablecoin security.

Tether Bolsters Security with SOC 2 Type 1 Audit, Cementing Leadership in Trust and Compliance

Tether Holdings Inc., the esteemed issuer of the world's leading stablecoin USDT, has achieved a significant milestone with the successful completion of its System Organization Control (SOC) 2 Type 1 audit, solidifying its commitment to industry-leading security and data protection.

SOC 2 Type 1 Audit: A Testament to Security Excellence

The SOC 2 Type 1 audit, conducted by an independent third-party auditor, meticulously assesses the design of a company's internal controls related to security, availability, processing integrity, privacy, and confidentiality. This rigorous examination is recognized as a gold standard in security compliance, ensuring that organizations meet the highest standards in protecting customer data and assets.

By undergoing this comprehensive audit, Tether has demonstrated its unwavering dedication to creating a secure environment for its users. The audit confirms that the company has implemented robust IT measures, including firewalls, intrusion detection systems, and enhanced authentication protocols, to safeguard its systems and protect sensitive information. Moreover, Tether's network reliability and problem resolution efficiency were also rigorously evaluated and met the stringent criteria of the audit.

User-Centric Audit Enhances Trust and Transparency

"This compliance measure assures our customers that their assets and data are managed in an environment meeting the highest standards for data protection and information security," said Paolo Ardoino, CEO of Tether. "This independent validation of security controls is vital for Tether, demonstrating our commitment to being the world's most trusted and compliant stablecoin."

The user-centric nature of the SOC 2 Type 1 audit aligns perfectly with Tether's unwavering focus on customer satisfaction. By undergoing this rigorous assessment, the company has provided its users with tangible evidence of its commitment to safeguarding their funds and protecting their privacy.

Tether's Continuous Innovation and Expansion

In addition to its unwavering commitment to security, Tether has been actively expanding its platform and services to meet the evolving needs of the industry. Most notably, the company recently launched 'Tether Data', an AI division pioneering open-source, multimodal AI models. This move underscores Tether's dedication to innovation and its belief in the transformative power of AI.

Furthermore, Tether has extended USDT usage to the Celo blockchain, enabling faster and more cost-effective transactions. This strategic expansion enhances the accessibility of Tether's stablecoin and supports the growth of microtransactions and stablecoin diversity.

Market Dominance and Unwavering Leadership

Tether's unwavering focus on security, innovation, and customer-centricity has propelled it to the forefront of the stablecoin industry. Since the start of 2024, the company has surpassed the $100 billion market cap threshold, solidifying its position as the undisputed leader in the stablecoin market.

The successful completion of the SOC 2 Type 1 audit further reinforces Tether's unwavering commitment to trust, compliance, and security. As the stablecoin industry continues to evolve, Tether remains steadfast in its mission to provide users with the most secure, reliable, and compliant stablecoin solution.