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Tether Hires Big Four for First Audit

Published 1 week, 3 days ago
Description

Tether, the leading stablecoin issuer, is set to undergo its first full audit of reserves backing USDT, with one of the Big Four accounting firms. This move addresses long-standing questions about Tethers reserves and could boost trust in the industry, following the U.S. passing the GENIUS Act and Tethers launch of its GENIUS-compliant USAt stablecoin.

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