Tether Says It Will Be Audited By Big Four Accounting Firm—But Won’t Say Which One

In brief Tether says it will undergo its first full audit by a Big Four firm, but hasn’t disclosed which one. The audit would verify reserves backing USDT, which the company claims total around $192 billion. Completing the audit could help Tether comply with U.S. rules under the GENIUS Act. Tether, the world’s top stablecoin...