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Tether is making a major move right now. I just heard they recruited KPMG for auditing USDT, plus invited PwC to join in preparing for expansion into the United States. This isn't just an ordinary step, but shows their large-scale strategic plan for more serious global market penetration.
By involving two top auditing firms in the world, Tether seems to want to prove the credibility of USDT in the eyes of US regulators. Expanding into that largest market definitely requires thorough preparation and maximum transparency. Their large-scale operation plan appears to focus on institutional and strict compliance.
It's strange, because in the past USDT received many questions about backing, and now they are aggressively taking audit and regulatory steps. This might be a signal that the stablecoin market is starting to mature and major players are taking governance seriously. What do you all think, is this bullish for USDT or just PR moves?