Tether Hires KPMG to Audit USDT

Odaily News According to a report by Tech in Asia, stablecoin USDT issuer Tether has selected KPMG as its auditor and has engaged PwC to assist in improving its internal systems. This move is the clearest signal yet of Tether's progress towards a full financial statement audit. The audit will go beyond the current monthly Proof of Reserves reports issued by BDO Italia to comprehensively review assets, liabilities, controls, and reporting processes.