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Tether Is Preparing Audits to Meet US Stablecoin Regulation

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Recent reports claim that Tether CEO Paolo Ardoino is in talks with the Big Four accounting firms to finally conduct a third-party audit. However, some members of the community are skeptical, citing a lack of firm commitments.

Such an audit would be mandated by upcoming stablecoin regulations, and an absolute requirement for future cooperation with the US government.

Is Tether Finally Getting An Audit?

Tether, the issuer of the world’s largest stablecoin, may soon seek closer integration with the US government. In a speech yesterday, President Trump alluded to his vision of stablecoins’ role in promoting dollar dominance.

To achieve this partnership, however, Tether will finally need to agree to a third-party audit.

According to a new report from Reuters, Tether is engaging with a Big Four accounting firm to make this audit happen. It didn’t specify which of these firms, PwC, EY, Deloitte, and KPMG, were in these talks or what progress had happened.

“It’s our top priority. Now we are living in a landscape where it’s actually feasible. If the President of the United States says this is top priority for the US, Big Four auditing firms will have to listen,” Ardoino claimed.

However, the news followed a lot of skepticism from the wider community. Despite regular internal reports, a new CFO, and years of promises, Tether has never once submitted to a third-party audit. This has created a certain jaded attitude in some parts of the community.

Some speculated that the firm may try to secure a reserve-only audit, but the Big Four will likely only agree to a full accounting. Ardoino’s comment about Trump’s “top priority” seems revealing from this angle.

Why would the Big Four need an incentive like that for a normal audit? Tether made $13 billion in profit last year; surely it can afford their services.

Stablecoin Regulation May Hold Up A Deal

A third-party audit is critical for Tether because of the upcoming potential US stablecoin regulations. According to the proposed GENIUS Act, stablecoin issuers will need to submit to independent audits and hold much of their reserves in assets like Treasury bonds.

So, stablecoin issuers will not be able to operate in the US market without an audit of their US Treasury-based reserve assets.

Yesterday, the firm revealed that it purchased $33 billion in Treasury bonds last year. However, Ardoino claimed that 99% of these are held by Cantor Fitzgerald, a firm with long-standing ties to Tether.

The company’s CEO was Howard Lutnick until this January when he stepped down to become the US Secretary of Commerce. These political ties have drawn some ire.

“Tether has a challenged reputation to say the least. It should be banned from buying US Treasuries until they pass a series of deep audits by US regulators — and that audit should go back to their inception. We’re taking a huge, unnecessary risk by letting this firm into our financial system,” Jason Calcanis claimed.

In other words, Tether skeptics are still not convinced that the stablecoin issuer will go through a large-scale public audit. Thanks to these political ties and substantial Treasury bonds, Tether is well-positioned to make a serious partnership with the US.

However, unless it passes an audit, as mandated by forthcoming regulations, Tether’s US presence might be at risk.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Top 3 Bullish AI Coins From This Week

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RSS3, JAM, and ALI are the top-performing AI coins of the third week of March 2025. RSS3 and JAM have both surged 78% in the past seven days, while ALI is up 48%.

Combined, they stand out for their strong price action and growing market caps. Here’s a breakdown of why these AI coins are making headlines this week.

RSS3 has surged over 78% in the past week, pushing its market cap to $51 million.

The strong rally has made it one of the top performers among AI coins, despite the general correction in that sector.

RSS3 Price Analysis.
RSS3 Price Analysis. Source: TradingView.

RSS3 is a decentralized network that indexes and structures open information. Inspired by the original RSS, it supports the Open Information Initiative, aiming to power the Open Web and open artificial intelligence.

If momentum continues, RSS3 could retest resistance at $0.106, possibly reaching $0.11 for the first time since January 17. If momentum fades, support sits at $0.054, with further downside risk to $0.039.

JAM

JAM is one of the hottest AI coins on the Base network. It has soared 78% over the past week and reached a market cap of $18 million.

JAM Price Chart.
JAM Price Chart. Source: Dexscreener.

JAM powers JamAI, a platform where users can create AI agents with unique personalities. It combines elements of an AI agents platform and a crypto launchpad, with roots as a creator community on Farcaster.

JAM has been setting fresh all-time highs, and if momentum holds, it could break above $0.0050 and aim for $0.0075. If momentum fades, key support levels sit at $0.0039 and $0.0026.

Artificial Liquid Intelligence (ALI)

Artificial Liquid Intelligence is driving several AI-focused crypto projects, including the AI Protocol, which builds a decentralized infrastructure for tokenized AI systems.

The company is also behind Alethea AI and its on-chain agentic AI characters, blending AI with blockchain to create interactive digital personas. Additionally, its ALI Agents Beta is set to launch soon, featuring staking, rewards, and upgraded AI functions.

ALI Price Analysis.
ALI Price Analysis. Source: TradingView.

ALI has gained over 48% in the past week, making it one of the best-performing crypto AI agents coins.

If momentum continues, ALI could push toward $0.0097, with a chance to break above $0.010. However, if a pullback occurs, support levels sit at $0.0064 and $0.0048.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Why Current ‘Boredom Phase’ Could Trigger Epic Rally

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A crypto analyst has predicted that the XRP price could hit $27 soon. He describes the cryptocurrency’s current price action as a “ Bermuda Triangle or boredom phase” — a period where the market moves slowly or sideways, fuelling doubt and uncertainty among traders and investors before a price rally. 

XRP Price Boredom Phase To Trigger $27 Surge

Crypto analyst Egrag Crypto has warned that the XRP price is in a Bermuda Triangle, a boredom phase characterized by price stagnation and market uncertainty designed to shake out weak hands before a significant price move. According to his prediction, while traders and investors are growing impatient and questioning why XRP has not experienced any notable price increases, this phase is merely a set-up for a strong rally toward $27.

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Following a predicted downturn in mid-March, XRP has struggled to recover its bullish momentum. The cryptocurrency was one of the top-performing altcoins in this bull cycle, jumping from a $0.5 low to over $3 for the first time in seven years.

Due to the current market decline, Egrag Crypto revealed that many traders are now wondering why “XRP hasn’t mooned.” The analyst explained that this price decline was intentional, forcing investors to second-guess themselves and make emotional trading decisions. 

He also disclosed that the XRP market is now filled with ‘What ifs’, as Fear, Uncertainty, and Doubt (FUD) cloud traders’ minds. Moreover, concerns over potential dips to $1.60 or $1.30 could push investors to panic-sell or attempt risky trades. 

The analyst also revealed that the XRP market is currently controlled by sharks and larger players, also called Whales. These large holders tend to influence price movements, triggering stop-losses and shaking out weak hands before a major rally. 

Egrag Crypto warns that new investors and traders are especially vulnerable, as frustration and boredom can lead to making financial mistakes. He disclosed that the best strategy to implement during this current market phase is to do nothing. He suggested investors stay disciplined and patient, recognizing that boredom phases are normal in crypto market cycles. 

The analyst also urged investors to remain vigilant and hold their positions while accumulating at ideal prices rather than react impulsively to rapid changes in the market. 

XRP Breakout Point Hints At New ATH

In other analyses, market expert ‘Steph Is Crypto’ has announced that XRP is currently retesting breakout levels to trigger a surge to a fresh ATH. The analyst’s price chart shows a Falling Wedge pattern which has been broken above the resistance at the upper trend line. 

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After breaking out, XRP now retests this level to confirm a larger upward move. The large green arrow on the chart points to the cryptocurrency’s projected price target, suggesting a bullish continuation if the Falling Wedge breakout holds. 

XRP
Source: Steph  is Crypto on X

XRP’s upside potential is predicted to be $4 or higher if its bullish momentum is maintained. As of writing, the cryptocurrency is trading at $2.4, reflecting a 3.5% decline in the last 24 hours, according to CoinMarketCap. If its price rises to $4, it would represent a significant 66.7% increase from current levels.

XRP
XRP trading at $2.3 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Unsplash, chart from Tradingview.com



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Pi Network Might Fall Below $1 As Bearish Sentiment Rise

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Pi Network (PI) dropped by another 9% on Friday, adding to its recent bearish momentum. The decline comes after Justin Bons called the project a potential “scam,” fueling negative sentiment.

Technical indicators like BBTrend and RSI are also pointing to sustained downside pressure. As the price struggles below $1, traders are watching to see if PI can stabilize or if further losses are ahead.

Pi Network BBTrend Reached Its Lowest Levels Ever

Pi Network’s BBTrend is currently at -40.69, marking its lowest reading on record and staying negative for the past five days. T

The BBTrend, or Bollinger Band Trend, is an indicator that measures trend direction and strength based on price movement relative to Bollinger Bands.

Positive values typically indicate bullish momentum, while negative values suggest bearish momentum, with extreme values often signaling strong trends.

PI BBTrend.
PI BBTrend. Source: TradingView.

With Pi Network’s BBTrend sitting deeply in negative territory, it points to sustained bearish momentum.

This could suggest that sellers are firmly in control, and the asset may continue to face downward pressure unless a sharp reversal occurs.

A prolonged negative BBTrend like this often signals that the market is in a strong downtrend, and traders may remain cautious until signs of stabilization or a positive shift appear.

Pi Network RSI Is Recovering After Touching Oversold Levels

Pi Network’s RSI has rebounded to 36.15 after dropping as low as 17.5 just a few hours ago, showing a slight recovery in momentum.

The Relative Strength Index (RSI) is a momentum indicator that measures the speed and change of price movements. Values above 70 indicate overbought conditions, and values below 30 suggest an asset is oversold.

PI RSI.
PI RSI. Source: TradingView.

Pi Network’s RSI is now just above 36, moving out of the oversold zone but remaining in bearish territory.

This could imply that while some buying pressure has returned, the overall trend is still weak. Further upside will depend on whether the RSI continues to climb.

If the RSI fails to move higher, Pi Network may remain vulnerable to additional corrections.

Will PI Fall Below $0.90?

Pi Network has recently dropped below the $1 level for the first time since February 22 as bearish momentum builds. This decline comes as Justin Bons recently exposed Pi Network’s flaws, raising concerns and calling the project a potential “scam.”

If the correction deepens, PI price could test key support zones around $0.81 and possibly $0.62.

PI Price Analysis.
PI Price Analysis. Source: TradingView.

However, if Pi Network manages to regain strength despite the criticism, it could push toward resistance at $1.23.

A strong rebound could open the door for a move toward $1.79, but sentiment remains fragile following Bons’ claims and the recent price breakdown.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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