PANews reported on March 22 that according to Reuters, Tether CEO Paolo Ardoino stated that he is "collaborating with one of the Big Four accounting firms" to promote an audit of its reserves. Tether has issued over $140 billion in US dollar-pegged cryptocurrency, currently only releasing quarterly reports without a comprehensive audit. Ardoino did not disclose which of the Big Four accounting firms (PwC, EY, Deloitte, or KPMG) Tether is negotiating with, and refused to reveal when the audit will take place.
Tether CEO: In talks with one of the Big Four accounting firms on reserve audits
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