Tether has confirmed that KPMG will audit its $185 billion USDT reserves, ending speculation about the unnamed “Big Four” firm. The audit will go beyond BDO Italia’s monthly attestations and review assets, liabilities, and internal controls. Tether also hired PwC to prepare its systems ahead of the review. The move comes as the company plans U.S. expansion and aims to raise $15-20 billion amid investor concerns over pricing and regulatory risks. CFO Simon McWilliams said the audit will be delivered.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Fundstrat's Tom Lee pushed back on the growing consensus that this week's Fed meeting was…
Crypto is down today mainly because a wave of leveraged bullish positions was forced to…
Bitcoin, Ethereum and XRP among other tokens have continued a four-day pullback across the crypto…
Ripple has officially announced the list of its keynote speakers for its Ripple Swell 2026…
Hyperliquid price is facing a small correction after hitting the highs that may reflect the…
Shiba Inu price remains under heavy pressure despite a notable decline in exchange reserves. While…
