Market Research

Tether Targets Big Four Audit as Trump Pushes for Stablecoin Regulation, Reuters Reports

Tether, the world’s largest stablecoin issuer, has reportedly begun working with a “Big Four accounting firm” to audit its fiat-pegged token reserves. Tether CEO Paolo Ardoino shared the update with Reuters as the circulating supply of USDT now stands at 143.46 billion.

Tether Heeds Trump’s ASAP Stablecoin Order as it Pursues Big Four Verification
This week, a Reuters report detailed that Paolo Ardoino revealed the company is in discussions with a reputable accounting firm to scrutinize the reserves backing tether (USDT). The development comes as the stablecoin’s market presence continues to draw public attention. Tether’s CEO noted that auditing is easier now that Donald Trump is President of the United States.

“That’s our top priority,” Ardoino told Reuters reporter Hannah Lang. “We’re in a situation now where that’s actually possible.” Ardoino’s comments come shortly after Trump attended the Digital Asset Summit earlier this week. Trump has urged Congress to expedite legislation to create a definitive regulatory framework for stablecoins.

“If the president of the United States says this is a top priority for the United States, the four largest auditing firms will have to listen, so we’re very excited about that,” Ardoino explained to Lang on Friday.

Tether’s pursuit of a Big Four audit, coupled with Trump’s regulatory urgency, signals a strategic alignment between the crypto organization’s ambitions and political motivations. As Ardoino frames regulatory clarity as a catalyst for legitimacy, the convergence of corporate pragmatism and presidential priorities could redefine the role of stablecoins in global finance.