New series of stablecoin quarterly analytics. In Q3 2024 stablecoin market capitalization rebound primarily driven by growth in Tether volume. Tether's reserves are audited by BDO.
Nice piece and nice summary of the firms that provide assurance services. It looks like the landscape is evolving! It might be worth mentioning that the reports are not "audited", it's an attestation service which has a different scope and is performed under different standards than a full audit. Tether calls it an "assurance opinion" in its press release. https://tether.to/en/tethers-2023-q4-attestation/
Nice piece and nice summary of the firms that provide assurance services. It looks like the landscape is evolving! It might be worth mentioning that the reports are not "audited", it's an attestation service which has a different scope and is performed under different standards than a full audit. Tether calls it an "assurance opinion" in its press release. https://tether.to/en/tethers-2023-q4-attestation/
Agree:)