Tether Clears First Full Audit, Giving Markets a Closer Look at Its Books

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KPMG issued an unqualified opinion on Tether International’s 2025 financial statements, confirming the company’s assets, liabilities and reserves as of Dec. 31, 2025 after inspecting holdings including gold and testing balance sheet entries. The first full audit replaces prior reserve attestations, giving investors and regulators greater transparency into the world's largest stablecoin issuer and supporting crypto adoption and market confidence.
- Tether gets its first full audit, giving investors a closer look at its finances.
- KPMG found Tether’s 2025 financial statements fairly represented its position.
- The audit marks a shift from Tether’s earlier reserve attestations and reporting.
Tether has completed its first full financial statement audit, giving investors and regulators a closer look at the finances behind the world’s largest stablecoin issuer.
KPMG issued an unqualified opinion on Tether International’s 2025 accounts, meaning the auditor found the statements fairly presented the company’s financial position as of Dec. 31, 2025. The review covered Tether’s assets, liabilities and transactions, with KPMG testing evidence supporting the reported figures.
KPMG Examines Tether’s Reserves
KPMG inspected Tether’s gold holdings and reviewed its balance sheet, income statement and cash…
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