⚡️ UPDATE: Tether hires KPMG for first full reserves audit, with support from PwC 🧾
What is happening? $SOL
• First full audit of USDt reserves
• KPMG to conduct audit
• PwC assisting preparation $BNB
• Reported by Financial Times $ETH
What this suggests:
• Major push for transparency
• Institutional credibility improving
• Stablecoin regulation alignment
Context:
• Full audits long requested by market
• Stablecoin scrutiny increasing globally
📊 Market takeaway:
Bullish for stablecoins. Independent audit could strengthen trust in USDT liquidity.