Tether Collaborates with Big Four Auditor to Verify 1:1 Backing for USDT Stablecoin

Tether Collaborates with Big Four Auditor to Verify 1:1 Backing for USDT Stablecoin

Tether, the issuer behind the world’s largest stablecoin USDT, is reportedly working with a Big Four accounting firm to conduct an audit of its reserves and confirm that each token is backed 1:1 with assets. The move comes amid growing industry pressure for transparency, especially in light of past controversies surrounding the company’s claims. Speaking […]

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