Crypto Scenario Insights
What happened
Tether's CEO, Paolo Ardoino, stated he 'doesn't care' about critics following the release of the company's first audit by KPMG.
What we think
The market reaction to Tether's first KPMG audit is expected to be muted and neutral (60% probability) unless the audit's findings, once released, reveal significant issues.
Read the analysis
Tether's First KPMG Audit: Does CEO's Dismissal of Critics Impact Stablecoin Demand?
We explain what happened and what could follow. We do not forecast prices.