Tether Engages KPMG for First Full Audit Ahead of US Expansion

On the 27th, the Financial Times reported that Tether, the issuer of the cryptocurrency USDT, will undergo a full audit by KPMG. This marks the first time the company has entered into an official audit agreement with one of the Big Four accounting firms. Related: Tether contracts with a Big Four firm for the first full audit of the stablecoin USDT. Tether will move from quarterly attestations to a full audit of assets, liabilities, and internal controls...