World · Institutional · United States ·
Tether completes first full financial audit by KPMG with clean opinion
KPMG completed a full audit of Tether's 2025 financial statements and issued a clean opinion, finding that Tether's reserves exceeded liabilities by $6.8 billion. The audit marks Tether's first by a major accounting firm for the $180 billion USDT stablecoin.
Why it matters for the crypto market
The completion of an independent Big Four audit by KPMG provides institutional-grade transparency for USDT, the largest stablecoin by market cap, potentially reducing counterparty-risk concerns and supporting broader adoption by regulated entities.
Source: CoinDesk
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