BREAKING: Tether hires a Big Four firm for its first full independent audit

Tether has formally appointed a Big Four accounting firm to conduct its first full independent audit of its financial statements, an engagement it says could rank among the largest first-time audits in financial markets history. The mandate covers $184 billion of $USDT market capitalization, around 550 million users globally, and a balance sheet spanning digital assets, traditional reserves, and tokenized liabilities. CFO Simon McWilliams said the auditor was chosen through a competitive selection process and that the audit will be delivered.