Latest News and Articles about KPMG

Tether Posts $1.04B Q1 Profit as Reserve Buffer Hits $8.23B Amid Audit Pressure

2 May 2026 Daily Feed GENIUS Act, KPMG, Tether, USDT

Tether has posted a chunky $1.04 billion profit for Q1 2026, while its reserve buffer hit a record $8.23 billion — a reminder that USDT is now far more than crypto plumbing; it’s a serious financial power player with regulators breathing down its neck. $1.04 billion net profit in Q1 2026 $8.23 billion record excess […]

Tether’s Historic Audit with KPMG and PwC: Will It Restore Trust in USDT?

28 March 2026 Daily Feed KPMG, Stablecoin Audit, Tether, USDT

Tether’s First-Ever Audit with KPMG and PwC: A Make-or-Break Moment for Stablecoin Trust Tether, the undisputed giant of the stablecoin world with its USDT token commanding a $184 billion valuation, has finally committed to a full independent financial audit—its first in a decade of operation. As reported by the Financial Times, the company has tapped […]