Tether Hires KPMG for First Full USDT Audit, Eyes Equity Raise

Tether Hires KPMG for First Full USDT Audit, Eyes Equity Raise

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Tether, the issuer of the USDT stablecoin, has reportedly engaged KPMG for its first comprehensive independent audit of USDT's reserves. Additionally, PwC has been brought in to assist, as the company explores a multibillion-dollar equity raise. This move signifies a push for greater transparency and financial scrutiny for the stablecoin giant.

Tether hires KPMG for first full USDT audit, FT reports

Tether has reportedly hired KPMG for its first full independent audit of USDT’s reserves and brought in PwC to help, as the stablecoin giant eyes a multibillion-dollar equity raise.