Wu Blockchain (@WuBlockchain): Tether has selected KPMG to conduct a full audit of its approximately $185 billion USDT reserves and hired PwC to prepare its internal systems. The mo…
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Tether has selected KPMG to conduct a full audit of its approximately $185 billion USDT reserves and hired PwC to prepare its internal systems. The move comes as Tether plans a U.S. expansion and seeks to raise $15–20 billion amid investor concerns over pricing and regulatory risk. The audit will go beyond BDO Italia’s monthly attestations, covering assets, liabilities, internal controls, and reporting systems.