Tether Contracts with Big Four Accounting Firms for First Complete Audit of Stablecoin USDT

Tether Officially Announces Big Four Audit

On the 24th, Tether, the leading stablecoin issuer, announced that it has entered into an official audit contract with one of the 'Big Four' accounting firms (Deloitte, PwC, EY, KPMG). According to Tether's official statement, this will be the first complete independent audit of the financial statements specifically targeting USDT.

The audit will address a complex balance sheet that includes digital assets, traditional reserves, and tokenized liabilities. Tether's market capitalization stands at $184 billion...