#tether审计 Tether has asked KPMG to audit this time, and I've been paying attention for a long time.
$184 billion of USDT is finally going to undergo a formal independent audit.
This matter is bigger than many people think.
——————————————
Why did everyone distrust Tether before?
To put it simply:
No one has ever checked its accounts.
In the past few years, Tether only had a quarterly "attestation report" issued by a small accounting firm in Italy.
Attestation is not auditing. Attestation is "I took a glance, and the numbers match," while auditing is "I reviewed every single transaction and take responsibility."
The difference is significant.
——————————————
Now they have chosen KPMG.
One of the Big Four, the world's top auditing firm.
PwC is responsible for internal system preparation, while KPMG conducts the complete financial audit.
This combination aims for true transparency, not just a formality.
——————————————
What does this mean for the market?
Short term: Increase trust, reduce the tail risk pricing of "Tether collapse"
Medium term: Clear obstacles for US expansion and $15-20 billion financing
Long term: Compliance standards for the entire stablecoin industry are raised
For USDT holders, this is a tangible benefit.
It's also beneficial for $BTC— the more stable the stablecoin ecosystem, the stronger the liquidity base of the entire market.
——————————————
Of course, the audit results are not out yet.
If the final numbers are fine, this is a milestone.
If there are issues during the audit process... then that's another story.
I will continue to follow up and update at the first sign of new information.
Give a thumbs up and save this, more content to come 👍
#TetherAudit #USDT #Stablecoin #BTC #Cryptocurrency #BinanceSquare
#KPMG