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Morning Edition · Friday, August 14, 2026Published at 1:52 AM EDT · New York
Tether Says KPMG Completed the First Full Audit of the Company Behind USDT
The auditor issued an unqualified opinion on 2025 financial statements showing reserves exceeding liabilities by 6.81 billion dollars, and physically inspected the issuer's gold.
Tether says KPMG US has completed a full audit of the financial statements behind USDT, the largest stablecoin in circulation, and issued an unqualified opinion on the 2025 accounts of the issuing entity, Tether International. The distincti…
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