According to Odaily Planet Daily, Tether officially announced the completion of the SOC 2 Type 1 audit. This is a major security update for the stablecoin issuer. The SOC 2 Type 1 audit inspection is a security compliance standard set by the American Institute of Certified Public Accountants (AICPA). The report is based on security, availability, processing integrity and confidentiality, ensuring that Tether has strong IT controls in place to ensure its The system is secure, accessible when needed, and keeps information private.