Crypto Scenario Insights

Tether's KPMG Audit: A Credibility Boost, But Limited Immediate Market Impact for BTC/ETH?

What happened

Tether has announced the completion of its first independent audit of reserves by KPMG U.S., addressing years of transparency concerns.

What we think

The completion of an independent audit of Tether's reserves by KPMG is a significant step in addressing long-standing transparency concerns.

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Tether's KPMG Audit: A Credibility Boost, But Limited Immediate Market Impact for BTC/ETH?

We explain what happened and what could follow. We do not forecast prices.

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