Tether Engages Big Four Firm for First Full Independent Audit

Tether, the issuer of the widely-used USDT stablecoin, has taken a significant step towards greater financial transparency by engaging a Big Four accounting firm for its first full independent audit.

The audit will cover Tether's full financial statements, moving beyond periodic attestations that have been standard practice in the stablecoin sector.

The review is expected to examine Tether's reserves, liabilities, and internal controls at a level of scrutiny typically associated with large global financial institutions.