deBridge cross-chain transactions have reached $20 billion

Does USDT have sufficient reserves? Tether reportedly hires KPMG for a comprehensive audit.

The Financial Times of the UK reported on Thursday, citing informed sources, that Tether, the world's largest stablecoin issuer, has commissioned KPMG, one of the Big Four accounting firms, to conduct a comprehensive financial audit of its USDT, which has a market value of $185 billion. At the same time, Tether has also hired another Big Four accounting firm, PwC, to assist in organizing and optimizing the company's internal systems and financial processes in preparation for the upcoming audit. This is seen as Tether's most substantial and groundbreaking step toward "financial transparency" since its establishment. Tether's CFO, Simon McWilliams, stated earlier this week that the company has "long been operating in accordance with the audit standards of the Big Four accounting firms" and promised that "the final audit report will certainly be delivered to the public on time." This auditing action comes as Tether prepares to enter the US market.

Tether Taps KPMG for First Big Four USDT Audit Amid U.S. Expansion Push

Tether has hired KPMG for a comprehensive audit of its $184 billion USDT stablecoin, along with PwC to prepare for the process. This comes amid plans to register USDT under the GENIUS Act, addressing transparency concerns over its reserves.

AI Crypto Agents Are Moving Real Money And the Risks Are Real: Expert

_AI crypto agents in DeFi are executing unscripted trades, raising risks of exploits, losses, and unpredictable market behavior._ A crypto researcher is raising red flags about AI agents managing real funds in DeFi. Tanaka, who has been testing these agent setups firsthand, says the danger is

Productive Stablecoins: Closing the $300B Efficiency Gap

This essay discusses the inefficiencies of stablecoins, highlighting that 90% are unproductive and act as a hidden tax. It identifies a significant opportunity within DAO treasuries and DEX liquidity, as well as emerging solutions like HyENA and Solomon that aim to enhance yields for users.

Digital Assets ETP Landscape: Past, Present and Future

Digital asset ETPs saw a peak of over $250B, ending 2025 with $184B AUM, mainly driven by Bitcoin products. The market is evolving, with over 125 new filings indicating a trend toward diversified asset offerings.

Market Cap of Tokenized Assets Hit $24.6B in January, a New All-Time High

The market cap of tokenized assets reached $24.6B in January, led by tokenized treasuries and commodities. Treasuries made up 39% of this, while commodities surged due to rising gold prices. Stablecoins contributed to liquidity, with a market cap of $308B.