Tether hires unnamed Big Four firm for first comprehensive audit of USDT reserves

Tether said it has hired one of the Big Four accounting firms to perform the first comprehensive audit of USDT reserves, marking a shift from prior limited attestations; the company declined to identify which Big Four firm it engaged ^{[1] [2] [3]}.

Public reporting says the audit will examine assets, liabilities, internal controls and financial reporting infrastructure — a broader review than earlier attestation reports — while Tether continues to assert large reserves tied to USDT issuance ^{[3] [2] [1]}.

Analysts and reporters note the audit could affect regulatory and market considerations: some outlets suggested it might help USDT seek approval under legislation like the GENIUS Act, and observers have linked the timing to increased institutional and regulatory scrutiny ^{[2] [4]}.

Tether has not released the auditor’s name or a firm timeline for the audit’s completion; further details are expected as the engagement proceeds and as the firm reports its findings ^{[1] [2]}.