World · Infrastructure · Global ·
Tether completes first full KPMG audit of $180 billion USDT stablecoin
Tether announced completion of its first comprehensive financial audit by KPMG, which examined the company's books and verified assets including gold holdings backing the $180 billion USDT stablecoin.
Why it matters for the crypto market
A major stablecoin issuer obtaining a Big Four audit addresses longstanding transparency concerns and may strengthen institutional confidence in the stablecoin ecosystem.
Source: CoinDesk
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