KPMG audits Tether's finances — $180 billion USDT stablecoin passes 'Big Four' review

Tether announced that KPMG US has completed a long-promised full financial audit of the reserves backing its $180 billion USDT stablecoin. Auditors examined the company's books and physically counted its gold bars, which form part of the reserves. It is the first audit of Tether carried out by a Big Four accounting firm.