Tether: Ardoino Details KPMG Bitcoin Audit

Tether CEO Paolo Ardoino sat for his first post-audit interview with The Block, walking through the KPMG US Tether audit process and prior controversies that delayed a Big Four sign-off for years. The discussion covered yearly audits paired with quarterly attestations, the 2022 seven-billion redemption stress test, physical gold bar counts, and Tether Bitcoin reserve holdings history and transparency that now includes substantial BTC positions alongside $6B excess equity.

Bitcoin sits at $63140.63 inside its Bollinger band on the 4h chart, testing the upper resistance at $64131.72 while the EMA50 at $63897.58 and EMA200 at $63704.06 cap upside. The MACD death cross at -327.8 keeps the structure bearish and the RSI at 39.82 leaves room for a slide toward the lower band support at $62825.25 before any sustained bounce.