
Tether hires KPMG for first full USDT audit, FT reports
The Financial Times reported Friday that Tether has hired KPMG to conduct its first full audit of $USDT’s financial statements and brought in PwC to help prepare its internal systems, citing people familiar with the matter. The reported mandate follows Tether’s Tuesday announcement that it had formally engaged a Big Four firm for an inaugural financial statement audit, without naming the provider, and comes after years of pledges to deliver a full review of its books while relying instead on periodic reserve attestations from BDO Italia, the Italian member firm of the BDO global accounting network that has been producing…








