Crypto firm Tether has said an audit of its finances, meant to assure of its stability, is still months away.

Now a days crypto companies are having issues showing investors their money is safe.

Crypto firms don’t always publish financial statements and that's why when they’re audited, there’s no agreed standards for the digital assets.

The Wall Street Journal found that Tether has been promising an audit since 2017.

Tether, has faced questions whether its revenues are sufficient or not.

Tether has saw its market capitalization falling from $83 billion to around $66 billion

Many investors got rid of USDT for USDC, particularly with Tether’s stable coin losing its peg.

Now Tether hired auditing firm BDO Italia (no 1 firm) to help it provide monthly reports