FT identifies KPMG as auditor as stablecoin giant eyes fundraising and expansion under new U.S. rules Tether has selected KPMG to conduct a full audit of its $185 billion USDT stablecoin reserves and hired PwC to help prepare its internal systems, according to FT. The move toward a comprehensive financial statement audit comes as Tether plans a U.S. expansion and seeks to raise up to $20 billion amid investor concerns over pricing and regulatory risk. A Big Four audit would mark a major shift f…
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