Tether Has Hired One of the Big Four Accounting Firms to Complete Its First Comprehensive Audit

ZkProver · 2026-03-24T13:24:52+00:00

Tether announced an agreement with the Big Four accounting firms to initiate its first comprehensive independent financial statement audit, aimed at demonstrating the backing and liquidity of USD₮, exceeding industry standard practices and marking an improvement in trust establishment and risk management.

ZkProver

2026-03-24 13:24:52

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ChainCatcher News, according to an official Tether announcement, Tether has officially signed an agreement with one of the Big Four accounting firms to initiate its first-ever comprehensive independent financial statement audit. This audit is considered the largest of its kind in the history of financial markets, 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 world-class risk controls. Tether CEO Paolo Ardoino said, “Trust is built on actions, not promises. This audit reflects years of systemic strengthening efforts.”

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