Do you remember the main question to $USDT — “are the reserves definitely there?”
It seems that Tether has decided to stop joking around.
According to the Financial Times, the company has chosen KPMG for its first full audit of reserves. At the same time, PwC is helping to restructure internal processes — and this already looks like preparation for a serious entry into the US market.
And here's the moment.
The market has lived for years in a strange construction: the largest stablecoin — without a full audit, but with maximum trust and liquidity. Especially for $BTC
Yes, there have been reports. But this is not the level that provides real transparency.
The Big Four — is a different story. Different responsibility. And different consequences if something doesn't add up.
I cannot confirm how quickly this will be implemented and what the results will show.
But the step itself looks like an attempt to close Tether's oldest reputational risk.
And now the main question is not even “will there be an audit”.
But what exactly they will find there.
If everything is clean — $USDT may finally establish itself as the standard.
If not — this story is no longer about one stablecoin.
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