Big Four firm Deloitte has attested to the reserve report for Tether's new US-regulated stablecoin, USAT. The report, signed off by Deloitte, confirmed $17.6 million in reserves backing USAT. This stablecoin is issued by Anchorage Digital Bank. The development highlights ongoing efforts in the stablecoin market to provide transparency and regulatory compliance, with major auditing firms like Deloitte playing a role in verifying reserve attestations for digital assets. This attestation contributes to the credibility and trust surrounding USAT as it enters the market.

Big Four firm Deloitte has attested to the reserve report for Tether's new US-regulated stablecoin, USAT. The report, signed off by Deloitte, confirmed $17.6 million in reserves backing USAT. This stablecoin is issued by Anchorage Digital Bank. The development highlights ongoing efforts in the stablecoin market to provide transparency and regulatory compliance, with major auditing firms like Deloitte playing a role in verifying reserve attestations for digital assets. This attestation contributes to the credibility and trust surrounding USAT as it enters the market.