Tether (USDT) News Today

_Tether appoints KPMG for the first full audit of $185B USDT reserves, replacing prior BDO Italia attestations._ _Tether hires PwC to prepare internal systems and controls ahead of a full financial audit process._ _Tether cuts its fundraising target to $5B from earlier $15–20B while

Tether has hired KPMG for its first comprehensive audit of USDT's financial reports and is collaborating with PwC to enhance internal systems. This follows years of periodic reserve reports from BDO Italia, aiming for major fundraising and expansion in the U.S. under new legal frameworks. USDT, the largest stablecoin, has a circulating supply of about $185 billion.

Tether hired KPMG to carry out a comprehensive audit of USDT, and worked with PwC to optimize its financial processes—an important step in improving financial transparency. This move comes as the company prepares to enter the U.S. market and for a new round of fundraising. Despite the many past questions about its reserves, Tether still plans to raise funds from the market and has shifted toward allocating more of its investments to short-term U.S. Treasuries.

This article compiles cryptocurrency news for March 27, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin price movements, real-time cryptocurrency prices, and price predictions. Today’s major Web3 events include: 1、David Sacks takes over as co-chair of PCAST: Could the direction of U.S. crypto and AI policy be changing? 2、The U.S. rolls out a landmark bill for regulating prediction markets: Cracking down on insider trading, with officials’ trading fully restricted; 3、Vietnamese police uncover a multibillion-dollar cryptocurrency fraud case, arresting seven people including blockchain businessman Eric Vuong.

Tether is moving toward deeper financial transparency with a landmark step: hiring KPMG for its first full audit of USDT’s financial statements, while PwC assists in strengthening internal systems. The Financial Times reported the move, noting that the audit will extend beyond reserve snapshots and

Tether has hired KPMG for a comprehensive audit of its $184 billion USDT stablecoin, along with PwC to prepare for the process. This comes amid plans to register USDT under the GENIUS Act, addressing transparency concerns over its reserves.

Tether has engaged KPMG, one of the Big Four accounting firms, to conduct its first full independent financial statement audit of USDT reserves, according to a March 27, 2026, report from the Financial Times, while also hiring PwC to strengthen internal systems ahead of the review.

Tether announced that it has commissioned KPMG to conduct its first full financial audit, covering stablecoin reserves of approximately $184 billion, and also hired PwC to help optimize its internal systems. This move shows that Tether is taking proactive steps to improve financial transparency and address regulatory oversight in the U.S. market.

The world's largest stablecoin issuer, Tether, will undergo a comprehensive audit by KPMG and has hired PricewaterhouseCoopers to assist in preparing internal systems, with the audit scope going beyond the current proof of reserves to enhance transparency. This move aims to address the compliance requirements of the U.S. GENIUS Act and to alleviate market concerns about its financial stability, supporting future financing plans of $15 to $20 billion.

BlockBeats news, on March 27, according to informed sources, Tether has selected KPMG to conduct a comprehensive audit of its $185 billion USDT stablecoin reserves and has hired PwC to assist in preparing its internal systems for the audit work. Tether previously stated that it had formally partnered with the Big Four accounting firms but did not disclose the names of the specific firms. (CoinDesk)

Gate News reports that on March 27, the stablecoin issuer Tether has chosen KPMG as its auditing firm and has hired PwC to assist in improving internal systems. This move is the clearest signal that Tether is moving towards a comprehensive audit of its financial statements. The audit scope will go beyond the monthly reserve attestations currently issued by BDO Italia, conducting a thorough review of assets, liabilities, control measures, and reporting processes.

Tether has engaged KPMG for a comprehensive audit of its USDT stablecoin, alongside PwC for internal system preparation. This follows investor concerns regarding its reserves and transparency as Tether prepares for U.S. expansion and fundraising amidst evolving crypto regulations.

Tether engages a Big Four firm for its first full audit, reviewing its $184 billion USDT reserves, aiming to enhance transparency and financial reporting amid internal leadership changes. The audit covers digital and traditional assets, indicating a commitment to stringent scrutiny.

The dispute over Bitcoin mining in the United States continues to escalate, with Swan Bitcoin filing for evidence in the New York court to obtain proof related to Tether. The controversy stems from the breakdown of the partnership between Swan and the joint venture 2040 Energy with Tether, accusing internal executives of misconduct. Meanwhile, Cantor Fitzgerald and its CEO are also involved, with potential links to funds and interests. The case could impact Bitcoin mining models and the stablecoin ecosystem.

Swan Bitcoin requests the summons of Secretary of Commerce Howard Lutnick and Cantor Fitzgerald to support an offshore lawsuit against 2040 Energy. Swan accuses Tether of inciting an "industry coup," leading to the breakdown of its partnership with Tether, and suggests Lutnick may be connected to Tether’s improper conduct. If the court approves the subpoena, it will help reveal relevant communications and financial relationships.