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- Tether, the crypto company behind the most popular stablecoin USDT, said Tuesday it has selected a "Big Four" auditing firm to conduct its first full financial statement audit.
- "The Big Four Firm was selected through a competitive process because the organisation is already operating at Big Four audit standard," said Simon McWilliams, Chief Financial Officer of Tether.
- "The audit will be delivered." The company has long published periodic attestations of the assets backing the value of its $184 billion U.S.
- A full audit goes further: It requires a detailed review of assets, liabilities, controls and reporting systems.
- Tether did not name the firm that will complete the audit.
- The Big Four term is used for top accounting firms Deloitte, EY, KPMG, and PwC.
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Nguon tham khao: https://www.coindesk.com/business/2026/03/24/tether-hires-a-big-four-firm-for-a-full-audit-of-usdt-reserves