The Financial Times reported that KPMG, a Big Four firm, is the one Tether engaged for its first-ever full independent financial statement audit. The stablecoin issuer announced the engagement on March 24 without naming the firm. PwC has also been brought on to strengthen internal controls ahead of the review. Why the KPMG Audit Matters for Tether Tether’s USDT holds a market cap above $184 billion, making it the reserve currency of the digital asset market