Tether hires KPMG for USDT reserve audit, brings in PwC as it readies US expansion and fundraising
Tether has engaged KPMG to conduct a full audit of USDT reserves as it prepares to expand in U.S. markets, reporting that the audit would cover roughly $185 billion of USDT backing [1] [2] [3].
The company has also brought in PwC to ready its internal systems for the audit and U.S. operations, and reports indicate Tether is preparing a $15–20 billion fundraising round at an estimated $500 billion valuation as part of its U.S. push [2] [3] [1].
The planned KPMG audit represents a step beyond Tether’s existing monthly attestations (previously provided by BDO Italia) and comes amid recent regulatory developments such as progress on the CLARITY Act [3] [4].
Taken together, the KPMG engagement and PwC work are presented in reports as measures to increase transparency and operational readiness for U.S. expansion [1] [2].
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Citations
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- 1Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansionCoinDesk• Mar 27, 2026
- 2Tether hires KPMG as auditor ahead of US expansionCryptofinance• Mar 26, 2026
- 3Tether Enlists KPMG for Comprehensive Audit of $185B USDT ReservesBlockonomi• Mar 27, 2026
- 4Tether Taps KPMG to Audit USDT Stablecoin amid CLARITY Act ProgressCoinGape• Mar 27, 2026
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