Tether: KPMG Delivers Record Inaugural Audit
Tether completes largest stablecoin audit as KPMG confirms $6.814B excess reserves over liabilities in clean opinion.
SourceAnalysis
Tether finished the largest inaugural financial audit in history. KPMG issued a clean opinion after counting every gold bar and verifying $6.814B more reserves than liabilities. No other stablecoin has matched this scale on its first audit, reshaping stablecoin market dynamics and Tether reserves verification.
Paolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,
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