After years of “harsh” treatment Tether finally convinces ‘Big Four’ firm to audit USDT

For years, the shortest line of attack against Tether was the demand for a full independent audit. The audit never came, and the company absorbed the reputational cost without visible damage to its position. USDT crossed $184 billion in market capitalization, reached more than 550 million users, and became the dominant liquidity layer across global crypto markets. On Mar. 24, Tether announced it had formally engaged …