Paolo Ardoino

As Tether's CEO, gave the on-record reason why no Big Four firm audits its books

1 entries

Event July 27, 2026 Added July 27, 2026 Updated September 13, 2026 Altcoin / Stablecoin

Tether (USDT): Born on Bitcoin's Blockchain, No Supply Cap, and a Freeze Switch

Bitcoin Institute ↔ Paolo Ardoino, Brock Pierce, Reeve Collins, Craig Sellars

Launched on Bitcoin's blockchain as Realcoin in 2014, USDT mints and freezes at one company's discretion, and its reserve reporting has stayed at quarterly attestations, not audits.