Tether Retains KPMG, PwC for First-Ever Financial Audit: FT

Jack Inabinet

Fri, March 27, 2026 astatine 11:49 AM CDT 1 min read

According to a study published by the Financial Times, Tether – the world's largest integer plus issuer – has selected Big Four accounting steadfast KPMG to audit its fiscal statements.

The stablecoin issuer has besides hired PwC to assistance acceptable its systems for the audit, said radical acquainted with the matter.

• Auditor Unveiled: Citing radical acquainted with the matter, the Financial Times reports that Tether has selected KPMG to audit its $185B concern portfolio. The study besides indicates that Tether has retained chap Big Four steadfast PwC arsenic it prepares interior systems for the audit, a modular audit mentation step.

• First Audit: Tether announced connected Tuesday that it had "entered a ceremonial engagement with a Big Four accounting steadfast to implicit its archetypal afloat autarkic fiscal connection audit." While it declined to sanction the auditor, Tether's property merchandise boasted that it volition marque for "the biggest ever inaugural audit successful the past of fiscal markets."

• Raise Ambitions: The Financial Times reported past period that Tether faced capitalist pushback erstwhile attempting to rise up to $20B astatine a $500B valuation; a favorable audit effect mightiness assistance the stablecoin issuer with its raise.