✅ Tether Signs First Full Audit Contract with Big 4 Accounting Firms 🔍 Key Points • Transitioning beyond the existing quarterly attestation to a full, independent financial statement audit. • Tether explained that it currently has a USD₮ market capitalization of over $184 billion and more than 550 million global users. • Through this audit, the company aims to more strongly demonstrate full reserve collateralization, high liquidity, and a robust risk management system. ✅ Background • While attestation is the standard practice in the stablecoin industry, Tether is taking a step further by pursuing a full audit. • The company explained that the initial onboarding process was completed a few weeks ago, during which accounting firms conducted a comprehensive review of systems, internal controls, and financial reporting frameworks. • It also mentioned that listed securities are scheduled to be moved within the next few days as part of the audit preparation process. ✅ Key Points • Given the persistent pressure for verification regarding reserve transparency, this announcement is a move to directly address these issues. • By formalizing a full audit by a Big 4 accounting firm—going beyond a mere confirmation—the company aims to simultaneously build institutional credibility and comply with regulatory requirements. Conscious Flow • However, the real name of the accounting firm was not disclosed in this announcement, and the completion date of the audit has not yet been provided. ✍️ The key point of this announcement is that, rather than simply signing a contract, Tether has officially formalized its move from an attestation system to a full audit phase. 🔸 Original Text #Tether #USDT