Tether hires the Big Four accounting firms to complete its first full audit

CycleProphet · 2026-03-24T13:10:49+00:00

Tether announced that it has signed agreements with the Big Four accounting firms to conduct its first full independent financial statement audit, making it the largest audit in the history of the financial markets. The purpose is to demonstrate the backing and liquidity of USD₮ and to improve risk management standards.

CycleProphet

2026-03-24 13:10:49

Abstract generation in progress

Deep Tide TechFlow News, March 24 — According to an official Tether announcement, Tether has officially signed an agreement with a Big Four accounting firm to initiate its first-ever comprehensive independent financial statement audit. This audit is considered the largest of its kind in financial market history, covering complex asset structures such as digital assets, traditional reserves, and tokenized liabilities. Currently, the market cap of USD₮ has exceeded $184 billion, with over 550 million global users.

Tether stated that this audit aims to go beyond the industry-standard “Attestation” to achieve a full audit, demonstrating that USD₮ is fully backed, highly liquid, and managed with international top-tier risk controls. Tether CEO Paolo Ardoino said, “Trust is built on actions, not promises. This audit represents the results of years of systemic strengthening efforts.”

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