Tether Turns to Big Four for First Full USDT Reserve Audit

Key Takeaways Tether said on March 24 that it had engaged a Big Four accounting firm for its first independent financial statement audit. The stablecoin company did not name the auditor or disclose when it would complete or publish the audit. Tether has long relied on periodic attestations and faced years of scrutiny over the reserves backing USDT. After years of questions over the reserves backing USDT, Tether says it has engaged a Big Four accounting firm for its first independent financial sta ...