Money
Briefing: Tether hires KPMG as auditor ahead of US expansion
Strategic angle: The world’s largest stablecoin issuer also brings on PwC to ready internal systems.
editorial-staff
1 min read
Updated 16 days ago
Tether has taken significant steps towards its expansion into the US market by hiring KPMG as its auditor. This move is aimed at bolstering its financial oversight and compliance.
In addition to KPMG, Tether has also engaged PwC to improve its internal systems. This dual approach indicates a focus on enhancing operational integrity and readiness for regulatory scrutiny.
These developments reflect Tether's strategic intent to strengthen its infrastructure and ensure robust governance as it navigates the complexities of the US financial landscape.