According to Bloomberg, Tether Holdings SA has received a verification opinion from Deloitte on the first reserve report for its US market stablecoin, USAT. The report, provided by Anchorage Digital Bank NA, shows that as of the reporting date, there were 17.5 million redeemable USAT in circulation, backed by reserve assets of $17.6 million. Tether CEO Paolo Ardoino previously stated that the 'Big Four' accounting firms are unwilling to provide related audit services due to potential reputational risks. In 2021, Tether paid a $41 million fine and reached a settlement with US regulators over its reserve disclosure issues. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57443