In brief

• Tether has selected Big Four accounting firm KPMG to conduct a comprehensive audit of its $184 billion USDT stablecoin.
• The company has also engaged PwC to prepare its internal systems for the audit process.
• The move comes as Tether plans to register USDT under the GENIUS Act.

Tether has engaged KPMG to conduct a comprehensive audit of USDT, the world’s largest stablecoinwith approximately $184 billion in circulation.