The Genius Bill that was signed today requires stablecoin issuers to undergo regular audits, well all know Tether is shady in the way they keep minting USDT, how will Tether pass these audits?

If the Genius Act passes, what does this ultimately mean for btc? A lot of btc trading volume is from USDT, and well...Tether is shady...is this a legitimate concern for btc?