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Tether Taps KPMG for Comprehensive USDT Reserve Audit Amid Regulatory Shift
The issuer of USDT, the world’s most widely circulated stablecoin, has engaged major accounting firm KPMG to execute a comprehensive examination of its reserve holdings. Additionally, PwC has been contracted to ready the company’s internal infrastructure, as reported by the Financial Times. This development represents a significant milestone for an organization that has grappled with scrutiny regarding its financial openness for more than ten years. The USDT stablecoin maintains approximately $185 billion in active circulation. It serves as a cornerstone of cryptocurrency trading activity and ranks among the ... (full story)
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