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Tether to Undertake Full Audit to Improve USDT Reserves Transparency

 1 year ago
source link: https://nextbigwhat.com/tether-to-undertake-full-audit-to-improve-usdt-reserves-transparency/
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NBW News Tether to Undertake Full Audit to Improve USDT Reserves Transparency

Tether to Undertake Full Audit to Improve USDT Reserves Transparency

  • June 22, 2022

Tether, the world’s largest stablecoin with $68 billion in assets, will undertake a full audit with a top 12 accounting firm in order to improve transparency of its USDT reserves.

While Tether has provided some clarity on its bankers, it has remained coy about its USDT reserves citing confidentiality.

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