According to CoinMeta, Tether CEO Paolo Ardoino responded to the criticisms following KPMG's audit by saying he doesn't care about the accusations. He stated that in 2022, Tether handled $7 billion in redemptions within 48 hours, which accounted for about 10% of their reserves at that time. Ardoino said that even if they are seen as villains by critics, they would be more than willing to continue serving the 650 million users in emerging markets who depend on USDT.