Tether earns KPMG clean audit

Tether completed its first full independent financial audit, with KPMG issuing an unqualified opinion on the company’s 2025 statements and confirming that reserves exceeded liabilities by $6.81 billion. For USDT, the world’s dominant stablecoin, this is a major credibility milestone after years of skepticism about reserve quality and disclosure. The phrase clean opinion matters because stablecoins function like private money-market instruments inside crypto markets, and confidence depends on the belief that tokens can be redeemed at par. A stronger audit posture could influence regulators, exchanges and institutions deciding whether USDT is acceptable settlement infrastructure.

Sources from the briefing

• Tether Clears First Full Audit as KPMG Issues Unqualified Opinion on 2025 StatementsCryptoPotato
• Tether Claims 'Largest Inaugural Financial Audit' as KPMG Signs Off on 2025 StatementsDecrypt - Solana
• USDT Issuer Tether Completes First Independent Financial Audit as KPMG Issues Unqualified OpinionCoingape
• Tether completes first full independent financial audit with KPMGCrypto Briefing